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Measuring the rate of technological change in Chinese rubber smallholdings - a micro-economic approach


Citation

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

Abstract

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.


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Additional Metadata

Item Type: Article
Divisions: Universiti Pertanian Malaysia
Publisher: Rubber Research Institute of Malaysia
Keywords: Rubber industry; Technological changes
Depositing User: Azhar Abdul Rahman
Date Deposited: 04 Jun 2015 07:35
Last Modified: 04 Jun 2015 07:35
URI: http://psasir.upm.edu.my/id/eprint/38474
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