Prohibition of factor market exchanges and technological choice in Chinese agriculture

Justin Yifu Lin

This article constructs a model of technological choice in an economy where market exchanges in land and labour are prohibited. Empirical data on demand for tractors, tractor usage and chemical fertilisers in China are employed to test several hypotheses derived from the theoretical model. The theory implies that the impact of relative factor scarcity on the pattern of technological choice in such an economy is similar to that in a market economy as postulated by the Hicks-Ruttan-Hayami-Binswanger hypothesis of induced technological change. (DSE)

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Year of publication:	1991
Authors:	Lin, Justin Yifu
Published in:	The journal of development studies : JDS. - Abingdon, Oxfordshire : Routledge, ISSN 0022-0388, ZDB-ID 3018-1. - Vol. 27.1991, 4, p. 1-15
Subject:	Agrartechnik \| Agricultural technology \| Technischer Fortschritt \| Technological change \| Sozialistische Landwirtschaft \| Socialist agriculture \| Theorie \| Theory \| China

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015102627