Technological Innovations, Downside Risk, and the Modernization of Agriculture
Summary. A randomized experiment in India demonstrates that a flood-tolerant rice variety increases agricultural productivity by encouraging farmers to adopt complementary modern practices. The technology reduces downside risk, prompting greater use of labor-intensive planting methods, expanded cultivation area, increased fertilizer application, and higher credit utilization. Most productivity gains stem from these crowding-in effects, showing that risk-reducing technologies unlock broader agricultural modernization.
Cite this article
Emerick, K., Janvry, A. D., Sadoulet, É., & Dar, M. H.. (2016). Technological Innovations, Downside Risk, and the Modernization of Agriculture. American Economic Review. https://doi.org/10.1257/aer.20150474
Emerick, Kyle, et al. “Technological Innovations, Downside Risk, and the Modernization of Agriculture.” American Economic Review, 2016. https://doi.org/10.1257/aer.20150474.
Emerick, Kyle, Alain de Janvry, Élisabeth Sadoulet, and Manzoor H. Dar. 2016. “Technological Innovations, Downside Risk, and the Modernization of Agriculture.” American Economic Review. https://doi.org/10.1257/aer.20150474.
@article{emerick-2016-technological-innovations-downside-risk-modernization,
title = {Technological Innovations, Downside Risk, and the Modernization of Agriculture},
author = {Kyle Emerick and Alain de Janvry and Élisabeth Sadoulet and Manzoor H. Dar},
journal = {American Economic Review},
year = {2016},
doi = {10.1257/aer.20150474},
url = {https://doi.org/10.1257/aer.20150474}
}
TY - JOUR TI - Technological Innovations, Downside Risk, and the Modernization of Agriculture AU - Kyle Emerick AU - Alain de Janvry AU - Élisabeth Sadoulet AU - Manzoor H. Dar JO - American Economic Review PY - 2016 DO - 10.1257/aer.20150474 UR - https://doi.org/10.1257/aer.20150474 ER -
Details
- DOI
- 10.1257/aer.20150474
- Countries
- India
- Regions
- Asia
- Categories
- agtech, climate-and-environment
- Added
- 2026-04-28