Change, Adjustment And The Role Of Specific Experience: Evidence From Sri Lankan Rice Farming
AbstractHuman capital comprising various components, such as different types of training, experience and skills, influences the capacity of economic agents to adjust to changing environments. We distinguish between formal education, general experience and various types of specific experience as determinants of adjustment to disequilibria in agriculture and demonstrate that their relative importance varies according to the nature of the changes facing the farmers. The results provide strong support for the importance of land-specific experience even in 'modernising' situations.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.
Volume (Year): 33 (1989)
Issue (Month): 02 (August)
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Labor and Human Capital;
Other versions of this item:
- S.A.B. Ekanayake & Sisira Jayasuriya, 1989. "Change, Adjustment And The Role Of Specific Experience: Evidence From Sri Lankan Rice Farming," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(2), pages 123-135, 08.
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