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Stochastic Biases in Disembodied Technical Change within South African Agriculture

Balcombe, Kelvin, Bailey, Alastair, Morrison, Jamie, Rapsomanikis, George, Thirtle, Colin (2000) Stochastic Biases in Disembodied Technical Change within South African Agriculture. Agrekon, 39 (4). pp. 495-503. ISSN 0303-1853. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:8201)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.

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: Divisions > Kent Business School - Division > Kent Business School (do not use)
Divisions > Division of Human and Social Sciences > School of Economics
Depositing User: Alastair Bailey
Date Deposited: 26 May 2009 21:10 UTC
Last Modified: 16 Nov 2021 09:46 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/8201 (The current URI for this page, for reference purposes)

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