Induced Technological Change in Canadian Agriculture Field Crops - Canola and Wheat: 1926-2003

A tractable two-stage constant elasticity of substitution (CES) production function is applied to disaggregated western Canadian wheat and canola data for 1926-2003 to investigate the induced innovation hypothesis. Time series properties of the data are analyzed using cointegration and error correction to assess causality in differentiating between technological change and factor substitution. The results provide empirical support for the hypothesis with respect to prairie wheat and canola production.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19333
Total Pages:
22
Series Statement:
Selected Paper 136866




 Record created 2017-04-01, last modified 2017-08-24

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