Technology Adoption and Agricultural Price Policy
研究价格支持或化肥补贴等市场干预在加速新技术采纳中的收益与资源分配扭曲之间的权衡，基于第三世界农业数据估算政策的最优水平与持续时间，发现收益很小甚至可能为负。
Abstract Market interventions such as price supports or fertilizer subsidies can lead to gains from speeding up adoption of new technologies, but the policies distort resource allocation. A framework is developed for optimizing policies in light of the adoption‐allocation trade off. Based on adoption coefficients and production parameters from third world agriculture, levels and duration of policies are estimated. Sensitivity analyses are performed. Gains are small at best and may be zero or negative in view of farmer costs of adjustment and deadweight losses from taxes.