FACTOR BIAS UNDER STOCHASTIC TECHNICAL CHANGE

Citation
Dk. Lambert et Js. Shonkwiler, FACTOR BIAS UNDER STOCHASTIC TECHNICAL CHANGE, American journal of agricultural economics, 77(3), 1995, pp. 578-590
Citations number
26
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
00029092
Volume
77
Issue
3
Year of publication
1995
Pages
578 - 590
Database
ISI
SICI code
0002-9092(1995)77:3<578:FBUSTC>2.0.ZU;2-T
Abstract
Time-series procedures are employed to determine the influence of tech nological change in inducing factor bias in U.S. agricultural producti on between 1948 and 1983. A dynamic measurement error model is used to link research expenditures to the unobserved technological change var iable. Biasedness in labor and material factor shares is established.