Stochastic biases in technical change in South African agriculture
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 generalises 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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David K. Lambert & J.S. Shonkwiler, 1995. "Factor Bias under Stochastic Technical Change," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 578-590.
- Nick Vink & Gavin Williams & Johann Kirsten, 2004.
in: The World's Wine Markets, chapter 12
Edward Elgar Publishing.
- Chambers,Robert G., 1988. "Applied Production Analysis," Cambridge Books, Cambridge University Press, number 9780521314275, December.
When requesting a correction, please mention this item's handle: RePEc:ags:agreko:54211. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.