| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
GENETIC INFORMATION IN AGRICULTURAL PRODUCTIVITY AND PRODUCT DEVELOPMENT
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| Autores: |
Hennessy, David A.
Miranowski, John A.
Babcock, Bruce A.
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| Data: |
2003-04-03
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| Ano: |
2003
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| Palavras-chave: |
Experimentation
Genetics
Information
Martingale
Sorting
Uniformity
Value added
Productivity Analysis
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| 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.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
8029
http://purl.umn.edu/18598
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| Editor: |
AgEcon Search
|
| Relação: |
Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper 03-WP 329
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| Formato: |
32
application/pdf
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