The Distribution of Gains from Technological Advance When Input Quality Varies

  • Susan E. Offutt
  • , Philip Garcia
  • , Musa Pinar

Research output: Contribution to journalArticlepeer-review

Abstract

Empirical evidence about new corn production technology in Illinois supports the hypothesis that yield- and output-enhancing effects vary depending on whether technology is input (here, land) quality-dependent or independent. In turn, these differences affect the distribution of economic surplus from technology adoption across geographic regions with varying land quality. A competitive, market-clearing model for a traded commodity is used to estimate the gains in economic surplus from technological advance.

Original languageEnglish (US)
Pages (from-to)321-327
Number of pages7
JournalAmerican Journal of Agricultural Economics
Volume69
Issue number2
DOIs
StatePublished - May 1987

Keywords

  • Corn yields
  • Economic surplus
  • Input quality
  • Technology

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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