Stochastic technologies and the adoption decision

Journal of Development Economics

Volumn 54, Issue 2, 1997, Pages 437-453

  Hennessy, David A ^a  

^a IOWA STATE UNIVERSITY   (United States)

Author keywords

Complete adoption; Input use; Partial adoption; Stochastic yield; Technical change

Indexed keywords

MODELLING APPROACH; STOCHASTIC YIELD; TECHNOLOGY ADOPTION; THEORY;

EID: 0031391245     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3878(97)00050-3     Document Type: Article

References (33)

1. Alauddin, M., Tisdell, C., 1988. Impacts of new agricultural technology on the instability of foodgrain production and yield. J. Dev. Econ. 29, 199-227.
2. Antle, J.M., 1983. Testing for stochastic structure of production: a flexible moment based approach. J. Business Econ. Stat. 1, 193-201.
3. Appelbaum, E., Katz, E., 1986. Measures of risk aversion and comparative statics of industry equilibrium. Am. Econ. Rev. 76, 524-529.
4. Bain, L.J., Engelhardt, M., 1992. Introduction to probability and mathematical statistics. Duxbury Press, Wadsworth Publishing, Belmont, CA.
5. Bartoszewicz, J., 1985. Moment inequalities for order statistics from ordered families of distributions. Metrika 32, 383-389.
6. Batra, R.N., Ullah, A., 1974. Competitive firm and the theory of input demand under price uncertainty. J. Political Econ. 82, 537-548.
7. Bera, A.K., Kelley, T.G., 1990. Adoption of high-yielding rice varieties in Bangladesh. J. Dev. Econ. 33, 263-285.
8. Chavas, J.-P., Holt, M.T., 1990. Acreage decisions under risk: the case of corn and soybeans. Am. J. Agric. Econ. 72, 529-538.
9. Diamond, P.A., Stiglitz, J.E., 1974. Increases in risk and in risk aversion. J. Econ. Theory 8, 337-360.
10. Dykstra, R., Kochar, S., Robertson, T., 1995. Inference of likelihood ratio ordering in the two-sample problem. J. Am. Stat. Assoc. 90, 1034-1040.
11. Feder, G., 1980. Farm size, risk aversion and the adoption of new technology under uncertainty. Oxford Econ. Pap. 32, 263-283.
12. Feder, G., O'Mara, G.T., 1981. Farm size and the adoption of green revolution technology. Econ. Dev. Cultural Change 30, 59-76.
13. Franck, W.E., 1984. A likelihood ratio test for stochastic orderings. J. Am. Stat. Assoc. 79, 686-691.
14. Hadar, J., Russell, W.R., 1969. Rules for ordering uncertain prospects. Am. Econ. Rev. 59, 25-34.
15. Helleiner, G.K., 1975. Smallholder decision making: tropical African evidence. In: Reynolds, L.G. (Ed.), Agriculture in Development Theory. Yale University Press, New Haven, CT.
16. Hiebert, L.D., 1983. Self insurance, self protection and the theory of the competitive firm. Am. J. Agric. Econ. 50, 160-168.
17. Just, R.E., Pope, R.D., 1978. Stochastic specifications of production functions and economic implications. J. Econometrics 7, 67-86.
18. Just, R.E., Zilberman, D., 1983. Stochastic structure, farm size and technology adoption in developing agriculture. Oxford Econ. Pap. 35, 307-328.
19. Levy, H., 1994. Absolute and relative risk aversion, an experimental study. J. Risk Uncertainty 8, 289-307.
20. Meyer, J., Ormiston, M.B., 1983. The comparative statics of cumulative distribution function changes for the class of risk averse agents. J. Econ. Theory 31, 153-169.
21. Meyer, J., Ormiston, M.B., 1989. Deterministic transformations of random variables and the comparative statics of risk. J. Risk Uncertainty 2, 179-188.
22. Ormiston, M.B., 1992. First- and second-degree transformations and comparative statics under uncertainty. Int. Econ. Rev. 33, 33-44.
23. Pečarić, J.E., Proschan, F., Tong, Y.L., 1992. Convex Functions, Partial Orderings, and Statistical Applications. Academic Press, San Diego, CA.
24. Pope, R.D., Kramer, R.A., 1979. Production uncertainty and factor demands for the competitive firm. Southern Econ. J. 46, 489-501.
25. Quiggin, J., 1988. Increasing risk: Another definition. In: Chikan, A. (Ed.), Proceedings of the Fourth Conference on the Foundations of Utility and Risk. Reidel, Amsterdam.
26. Ratti, R.A., Ullah, A., 1976. Uncertainty in production and the competitive firm. Southern Econ. J. 43, 703-710.
27. Rothschild, M., Stiglitz, J.E., 1970. Increasing risk: I. A definition. J. Econ. Theory 2, 225-243.
28. Saha, A., Shumway, C.R., Talpaz, H., 1994. Joint estimation of risk preference structure and technology using expo-power utility. Am. J. Agric. Econ. 76, 173-184.
29. Sandmo, A., 1971. On the theory of the competitive firm under price uncertainty. Am. Econ. Rev. 61, 65-73.
30. Scandizzo, P.L., 1979. Implications of sharecropping for technology design in northeast Brazil. In: Valdez, A., Scobie, G., Dillon, J. (Eds.), Economics and the Design of Small-farmer Technology, Chap. 8. Iowa State University Press, Ames, IA.
31. Shaked, M., Shanthikumar, J.G., 1994. Stochastic Orders and Their Applications. Academic Press, San Diego, CA.
32. Smale, M., Heisey, P.W., Leathers, H.D., 1995. Maize of the ancestors and modern varieties: the microeconomics of high-yielding variety adoption in Malawi. Econ. Dev. Cultural Change 43, 351-368.
33. Tolley, H.D., Pope, R.D., 1988. Testing for stochastic dominance. Am. J. Agric. Econ. 70, 693-700.