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Testing for Complementarity and Substitutability among Multiple Technologies: The Case of U.S. Hog Farms

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Author Info
Yu, LI
Hurley, Terrance M.
Kliebenstein, James
Orazem, Peter F.

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Abstract

The hypothetical distribution of multiple technology adoptions under the assumption that technologies are mutually independent is compared against the actual observed distribution of technology adoptions on hog farms. Combinations of technologies that occur with greater frequency than would occur under independence are mutually complementary technologies. Combinations that occur with less frequency are substitute technologies. This method is easily applied to simultaneous decisions regarding many technologies. We find that some technologies used in pork production are mutually substitutable for one another while others are complementary. However, as the number of bundled technologies increases, they are increasingly likely to be complementary with one another, even if subsets are substitutes when viewed in isolation. This finding suggests that farmers have an incentive to adopt many technologies at once. Larger farms and farms run by more educated operators are the most likely to adopt multiple technologies. Our findings suggest that the complementarity among technologies in large bundles is contributing to a form of returns to scale that is leading to increasing growth in average farm size.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN with number 9836.

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Date of creation: 2007
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Handle: RePEc:ags:aaea07:9836

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Related research
Keywords: Farm Management; Productivity Analysis;

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This page was last updated on 2009-11-26.


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