Data/hora: 10/06/2024 06:38:54

Provedor de dados: | 31
País: | United States
Título: | GENETIC INFORMATION IN AGRICULTURAL PRODUCTIVITY AND PRODUCT DEVELOPMENT
Autores: | Hennessy,   David A.; Miranowski,   John A.; Babcock,   Bruce A.
Data: | 2003-04-03
Ano: | 2003
Palavras-chave: | Experimentation; Genetics; Information; Martingale; Sorting; Uniformity; Value added; Productivity Analysis.
Resumo: | A prominent facet of recent changes in agriculture has been the advent of precision breeding techniques. Another has been an increase in the level of information inputs and outputs associated with agricultural production. This paper identifies ways in which these features may complement in expanding the variety of processed products, the level of productivity, and the rate of change in productivity. Using a martingale concept of "more information," we identify conditions under which more information increases the incentives to invest and engage in product differentiation. A theory on how genetic uniformity can enhance the rate of learning through process experimentation, and so the rate of technical change, is also developed.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

8029

http://purl.umn.edu/18598

Editor: | AgEcon Search

Relação:

Iowa State University&gt;Center for Agricultural and Rural Development&gt;CARD Working Paper Series

CARD Working Paper 03-WP 329

Formato:

32

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