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Abstract

An uuportant question in the agncultural development hterature ts the relation between technology and production uncertainty. In tlus paper, a flexible, moment-based approach to production analysis 1s used to measure the technologtcal detenninants of production risk of Egyptian summer field crops. The inputs associated with modern technology-fertilizer and mechanical power-are nsk reducing, meaning that nsk need not be a lmuhng factor m technology adopt10n. More studies of stochastic technology in diverse envtronments are needed to establish empincal regularities m the relation of technology to production uncertainty.

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