STOCHASTIC STRUCTURE, FARM SIZE AND TECHNOLOGY ADOPTION IN DEVELOPING AGRICULTURE
构建了一个模型，解释土地配置和技术采用，考虑农场规模差异及其通过财富影响风险偏好，并区分传统与现代技术的不确定性及现代投入的风险效应和固定成本。
Extract: This paper develops a model that explains land-use allocation and technology adoption taking into account the interfarm variation of land holdings and the role of land holdings (wealth) in determining risk preferences. The model specifically recognizes differential uncertainties in both traditional and modern technological processes and the marginal effects of modern inputs on risk as well as fixed costs attached to adoption. As a by-product, the results also suggest a structural econometric specification that can serve as a basis for empirical examination of the relationship of farm size and adoption