Balcombe, K. and Bailey, A. and Morrison, J. and Rapsomanikis, G. and Thirtle, C (2000) Stochastic Biases in Disembodied Technical Change within South African Agriculture. Agrekon, 39 (4). pp. 495-503. ISSN 0303-1853.
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This paper examines biased technical change in South African agriculture using a system of share equations with unobserved components. Developing on the work of Lambert and Shonkwiler (1995), this paper generalizes previous work by introducing independent unobserved components into each model using a regression based approach. We find evidence of stochastic technical change which is itself biased between the four factors of production: machinery, land, labour and fertiliser, and which closely reflects distinct phases of South African agricultural policy and development.
|Subjects:||H Social Sciences > HB Economic Theory|
|Divisions:||Faculties > Social Sciences > Kent Business School > Agri-Environment Economics
Faculties > Social Sciences > Kent Business School
|Depositing User:||Alastair Bailey|
|Date Deposited:||26 May 2009 21:10|
|Last Modified:||14 Jan 2010 14:30|
|Resource URI:||http://kar.kent.ac.uk/id/eprint/8201 (The current URI for this page, for reference purposes)|
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