Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach
Technological progress is commonly measured via aggregate production functions. In this paper, technological progress is estimated from a micro-economic viewpoint. A Cobb-Douglas production function was fitted to two sets of + cross-sectional data collected at different points in time. From the esti...
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| Format: | Article |
| Language: | English |
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Rubber Research Institute of Malaysia
1984
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| Online Access: | http://psasir.upm.edu.my/id/eprint/38474/1/aar%205%20Measuring%20the%20Rate%20of%20Technological%20Change%20in%20Chinese%20Rubber%20Smallholdings%20-%20A%20Micro-economic%20Approach.pdf |
| _version_ | 1825949232112074752 |
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| author | Chew, T. A. |
| author_facet | Chew, T. A. |
| author_sort | Chew, T. A. |
| collection | UPM |
| description | Technological progress is commonly measured via aggregate production functions. In this paper, technological progress is estimated from a micro-economic viewpoint. A Cobb-Douglas production function was fitted to two sets of + cross-sectional data collected at different points in time. From the estimates obtained, we derived that the rate of technological progress in rubber smallholdings is the capital-augmenting type at about 1.2% per year. |
| first_indexed | 2024-03-06T08:41:23Z |
| format | Article |
| id | upm.eprints-38474 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:41:23Z |
| publishDate | 1984 |
| publisher | Rubber Research Institute of Malaysia |
| record_format | dspace |
| spelling | upm.eprints-384742015-06-04T07:35:01Z http://psasir.upm.edu.my/id/eprint/38474/ Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach Chew, T. A. Technological progress is commonly measured via aggregate production functions. In this paper, technological progress is estimated from a micro-economic viewpoint. A Cobb-Douglas production function was fitted to two sets of + cross-sectional data collected at different points in time. From the estimates obtained, we derived that the rate of technological progress in rubber smallholdings is the capital-augmenting type at about 1.2% per year. Rubber Research Institute of Malaysia 1984-01 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/38474/1/aar%205%20Measuring%20the%20Rate%20of%20Technological%20Change%20in%20Chinese%20Rubber%20Smallholdings%20-%20A%20Micro-economic%20Approach.pdf Chew, T. A. (1984) Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach. Journal of the Rubber Research Institute of Malaysia, 32 (3). pp. 191-197. ISSN 0035-953X |
| spellingShingle | Chew, T. A. Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title | Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title_full | Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title_fullStr | Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title_full_unstemmed | Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title_short | Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach |
| title_sort | measuring the rate of technological change in chinese rubber smallholdings a micro economic approach |
| url | http://psasir.upm.edu.my/id/eprint/38474/1/aar%205%20Measuring%20the%20Rate%20of%20Technological%20Change%20in%20Chinese%20Rubber%20Smallholdings%20-%20A%20Micro-economic%20Approach.pdf |
| work_keys_str_mv | AT chewta measuringtherateoftechnologicalchangeinchineserubbersmallholdingsamicroeconomicapproach |