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Essays On Agricultural Technology, Resource Allocation And The Value Of Information, Pedro Queiroz
Essays On Agricultural Technology, Resource Allocation And The Value Of Information, Pedro Queiroz
Department of Agricultural Economics: Dissertations, Theses, and Student Research
This dissertation studied the adoption of agricultural technologies and the value of information for the allocation of resources in agriculture. Chapter 1 studied traditional (e.g., land and labor) and commercial (e.g., machinery and fertilizers) inputs in South American agriculture. Acemoglu’s directed technical change was used to estimate the process of induced innovation using deforestation as source of exogenous variation for the agricultural land supply. The results indicated that larger availability of land in intensive deforestation countries caused more land-complementary inputs (machinery) to be used relative to labor-complementary inputs (fertilizers). Technical change was biased towards land. Chapter 2 studied nitrogen fertilizer …