Hog-Round Marketing, Seed Quality, and Government Policy: Institutional Change in U.S. Cotton Production, 1920 1960
Between 1928 and 1960 U.S. cotton production witnessed a revolution with average yields roughly tripling while the quality of the crop increased significantly. This paper analyzes the key institutional and scientific developments that facilitated the revolution in biological technologies, pointing to the importance of two government programs -- the one-variety community movement and the Smith-Doxey Act -- as catalysts for change. The story displays two phenomena of interest in light of the recent literature: 1. an important real-world example of the workings of Akerlof's lemons model and 2. a case where inventors, during an early phase of the product cycle, actually encouraged consumers to copy and disseminate their intellectual property.
(This abstract was borrowed from another version of this item.)
Volume (Year): 63 (2003)
Issue (Month): 02 (June)
|Contact details of provider:|| Postal: |
Web page: http://journals.cambridge.org/jid_JEH
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.:
- Whatley, Warren C., 1983. "Labor for the Picking: the New Deal in the South," The Journal of Economic History, Cambridge University Press, vol. 43(04), pages 905-929, December.
- Simpson, D.M., 1954. "Natural Cross-Pollination in Cotton," Technical Bulletins 156738, United States Department of Agriculture, Economic Research Service.
- Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August.
- Musoke, Moses S. & Olmstead, Alan L., 1982. "The Rise of the Cotton Industry in California: A Comparative Perspective," The Journal of Economic History, Cambridge University Press, vol. 42(02), pages 385-412, June.
- Howell, L. D. & Watson, Leonard J., 1939. "Cotton Prices in Relation to Cotton Classification Service and to Quality Improvement," Technical Bulletins 168475, United States Department of Agriculture, Economic Research Service.
- Simpson, D.M., 1954. "Natural Cross-Pollination in Cotton," Technical Bulletins 156667, United States Department of Agriculture, Economic Research Service.
- Bulow, Jeremy I, 1982. "Durable-Goods Monopolists," Journal of Political Economy, University of Chicago Press, vol. 90(2), pages 314-32, April.
- Constantine, John H & Alston, Julian M & Smith, Vincent H, 1994. "Economic Impacts of the California One-Variety Cotton Law," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 951-74, October.
When requesting a correction, please mention this item's handle: RePEc:cup:jechis:v:63:y:2003:i:02:p:447-488_00. 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: (Keith Waters)
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.