Induced Innovation and Land Degradation in Developing Country Agriculture
AbstractWith few exceptions, induced innovation theories give little consideration either to the role of distortions as determinants of the factor biases of innovations, or to the influence of technical progress â with or without distortions â on the sectoral structure of production. This analysis identifies demand for innovations as a function of a specific policy setting which both conditions and is conditioned by the structure of production. In this context, when some sectors contribute more than others to environmental externalities, private and social optima in the allocation of research resources may diverge. In some circumstances it may be optimal to use research budget allocations as secondâbest substitutes for Pigouvian taxes.
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Bibliographic InfoPaper provided by Wisconsin-Madison Agricultural and Applied Economics Department in its series Wisconsin-Madison Agricultural and Applied Economics Staff Papers with number 398.
Length: 32 pages
Date of creation: Jul 1996
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Other versions of this item:
- Coxhead, Ian A., 1997. "Induced innovation and land degradation in developing country agriculture," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 41(3), September.
- Ian COXHEAD, 1996. "Induced Innovation And Land Degradation In Developing Country Agriculture," Staff Papers 398, University of Wisconsin Madison, AAE.
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