Technological Innovations, Downside Risk, and the Modernization of Agriculture

We use a randomized experiment in India to show that improved technology enhances agricultural productivity by crowding in modern inputs and cultivation practices. Specifically, we show that a new rice variety that reduces downside risk by providing flood tolerance has positive effects on adoption o...

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Vydané v:The American economic review Ročník 106; číslo 6; s. 1537 - 1561
Hlavní autori: Emerick, Kyle, de Janvry, Alain, Sadoulet, Elisabeth, Dar, Manzoor H.
Médium: Journal Article
Jazyk:English
Vydavateľské údaje: Nashville American Economic Association 01.06.2016
Predmet:
Adoption of innovations
Agricultural economics
Agricultural production
Agricultural technology
Agriculture
Crowding
Cultivation
Fertilizers
Innovations
Modernization
Productivity
Rice
Risk
Risk reduction
Seeds
Shorter Papers
Studies
Technological change
Technology
Tolerance
ISSN:0002-8282, 1944-7981
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Shrnutí:We use a randomized experiment in India to show that improved technology enhances agricultural productivity by crowding in modern inputs and cultivation practices. Specifically, we show that a new rice variety that reduces downside risk by providing flood tolerance has positive effects on adoption of a more labor-intensive planting method, area cultivated, fertilizer usage, and credit utilization. We find that a large share of the expected gains from the technology comes from crowding in of other investments. Therefore, improved technologies that reduce risk by protecting production in bad years have the potential to increase agricultural productivity in normal years.
Bibliografia:SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
ISSN:0002-8282
1944-7981
DOI:10.1257/aer.20150474