The Contribution of Technological Progress to Farm Output, 1950–1975
The Contribution of Technological Progress to Farm Output, 1950–1975
This chapter outlines an analytical scheme that distinguishes between the contributions of technological change and increased non-labor inputs. It presents a set of alternative technological change and factor input models for American agriculture, which can be used to illustrate the possible consequences of alternative rates of technological change on certain aggregate input categories during the next quarter century. The chapter concludes with a discussion of questions in agricultural policy that arise from the close relationship between technological change and input requirements.
Keywords: technological change, non-labor inputs, American agriculture, agricultural policy, input requirements, factor input models
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