Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model
Summary. This paper tests the induced innovation hypothesis in U.S. agriculture from 1880 to 1990 using an error correction model. The analysis confirms that changes in factor prices and research spending drive technological change that saves expensive inputs. The study separates factor substitution from technological bias, establishing that price signals and R&D investment causally precede the development of labor-saving and land-saving innovations in American agriculture.
Cite this article
Thirtle, C., Schimmelpfennig, D., & Townsend, R. E.. (2002). Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model. American Journal of Agricultural Economics. https://doi.org/10.1111/1467-8276.00322
Thirtle, Colin, et al. “Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model.” American Journal of Agricultural Economics, 2002. https://doi.org/10.1111/1467-8276.00322.
Thirtle, Colin, David Schimmelpfennig, and Robert E Townsend. 2002. “Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model.” American Journal of Agricultural Economics. https://doi.org/10.1111/1467-8276.00322.
@article{thirtle-2002-induced-innovation-united-states-agriculture,
title = {Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model},
author = {Colin Thirtle and David Schimmelpfennig and Robert E Townsend},
journal = {American Journal of Agricultural Economics},
year = {2002},
doi = {10.1111/1467-8276.00322},
url = {https://doi.org/10.1111/1467-8276.00322}
}
TY - JOUR TI - Induced Innovation in United States Agriculture, 1880–1990: Time Series Tests and an Error Correction Model AU - Colin Thirtle AU - David Schimmelpfennig AU - Robert E Townsend JO - American Journal of Agricultural Economics PY - 2002 DO - 10.1111/1467-8276.00322 UR - https://doi.org/10.1111/1467-8276.00322 ER -
Details
- DOI
- 10.1111/1467-8276.00322
- Countries
- United States
- Regions
- North America
- Categories
- agtech, innovation-theory
- Added
- 2026-04-28