Reshaping The Landscape: The Impact And Diffusion Of The Tractor In American Agriculture, 1910 1960
AbstractThis article analyzes the revolutionary impact the tractor had on rural America and examines the economic, technological, and institutional factors governing the machine s diffusion. Our simultaneous-equation regression model helps decipher the complex relationship between farm scale and diffusion. In addition, analyzing diffusion as a capital replacement problem reveals that the shift to the new technology was far more rapid than what has generally been thought and provides a new perspective on the long co-existence of both horses and tractors on farms.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 61 (2001)
Issue (Month): 03 (September)
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- Rodolfo Manuelli & Ananth Seshadri, 2003.
"Frictionless Technology Diffusion: The Case of Tractors,"
NBER Working Papers
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