Induced innovation and marginal cost of new technology

被引:4
|
作者
Liu, Yucan [1 ]
Shumway, C. Richard [1 ]
机构
[1] Washington State Univ, Sch Econ Sci, Pullman, WA 99164 USA
关键词
Induced innovation; Marginal cost; Nonparametric; TECHNICAL CHANGE; UNITED-STATES; AGRICULTURE; JAPAN;
D O I
10.1016/j.econlet.2009.06.011
中图分类号
F [经济];
学科分类号
02 ;
摘要
Lacking data on development and implementation costs for input-saving technologies, we develop a nonparametric procedure to estimate relative differences in marginal technology costs for technical change to be consistent with the induced innovation hypothesis. We apply it to U. S. agriculture. (C) 2009 Elsevier B. V. All rights reserved.
引用
收藏
页码:106 / 109
页数:4
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