Technology Adoption in Agriculture and Convergence across Economies
In this paper I present a simple model of technology adoption in agriculture in an exogenous as well as in an endogenous adoption framework. The model implies that an optimal technological gap between technological leaders and followers will persist. Full convergence or catch-up will never take place under normal circumstances if new technology has to be adapted to local conditions. Since this is often the case for agricultural technologies, the model implications are tested empirically by (i) adding a measure for the size of the agricultural sector to cross- country growth regressions and by (ii) discussing convergence in sets of countries with similar climate as a proxy for similar agricultural conditions. Both tests confirm the model predictions.
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.:
- Steven N. Durlauf & Paul A. Johnson, 1992. "Local Versus Global Convergence Across National Economies," NBER Working Papers 3996, National Bureau of Economic Research, Inc.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
- William Easterly & Robert King & Ross Levine & Sergio Rebelo, 1994.
"Policy, Technology Adoption, and Growth,"
NBER Working Papers
4681, National Bureau of Economic Research, Inc.
- Barro, R.J., 1989.
"Economic Growth In A Cross Section Of Countries,"
RCER Working Papers
201, University of Rochester - Center for Economic Research (RCER).
- Bernard, A.B. & Durlauf, S.N., 1994.
"Interpreting Tests of the Convergence Hypothesis,"
9401r, Wisconsin Madison - Social Systems.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- Levine, Ross & Renelt, David, 1991.
"A sensitivity analysis of cross-country growth regressions,"
Policy Research Working Paper Series
609, The World Bank.
- Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September.
- Quah, Danny, 1993.
" Galton's Fallacy and Tests of the Convergence Hypothesis,"
Scandinavian Journal of Economics,
Wiley Blackwell, vol. 95(4), pages 427-43, December.
- Quah, Danny, 1993. "Galton's Fallacy and Tests of the Convergence Hypothesis," CEPR Discussion Papers 820, C.E.P.R. Discussion Papers.
- Paul M Romer, 1999.
"Increasing Returns and Long-Run Growth,"
Levine's Working Paper Archive
2232, David K. Levine.
- Judd, M Ann & Boyce, James K & Evenson, Robert E, 1986. "Investing in Agricultural Supply: The Determinants of Agricultural Research and Extension Investment," Economic Development and Cultural Change, University of Chicago Press, vol. 35(1), pages 77-113, October.
- Xavier Sala-i-Martin, 1994.
"Cross-sectional regressions and the empirics of economic growth,"
Economics Working Papers
79, Department of Economics and Business, Universitat Pompeu Fabra.
- Sala-i-Martin, Xavier, 1994. "Cross-sectional regressions and the empirics of economic growth," European Economic Review, Elsevier, vol. 38(3-4), pages 739-747, April.
- Summers, Robert & Heston, Alan, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 327-68, May.
When requesting a correction, please mention this item's handle: RePEc:ber:bertw1:0002. 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: (Thorsten Wichmann)The email address of this maintainer does not seem to be valid anymore. Please ask Thorsten Wichmann to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.