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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Abstract
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.
| Item Type: | Article |
|---|---|
| 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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