Technology adoption under price uncertainty

Tae Kyun Kim; Dermot J. Hayes; Arne Hallam

doi:10.1016/0304-3878(92)90029-9

Technology adoption under price uncertainty

Tae Kyun Kim
, Dermot J. Hayes
, Arne Hallam

Iowa State University

Research output: Contribution to journal › Article › peer-review

11 Scopus citations

Abstract

The paper examines the impact of changes in the variance of output prices on the bias and intrafirm diffusion rate of technological change. The results indicate that a reduction in the variance of output prices will increase the rate of adoption and the intrafirm diffusion speed of yield-increasing technologies. The opposite is true for cost-reducing technologies.

Original language	English
Pages (from-to)	245-253
Number of pages	9
Journal	Journal of Development Economics
Volume	38
Issue number	1
DOIs	https://doi.org/10.1016/0304-3878(92)90029-9
State	Published - Jan 1992

Access to Document

10.1016/0304-3878(92)90029-9

Cite this

@article{1ba1ba626489483c83f4fbd98436c6e7,

title = "Technology adoption under price uncertainty",

abstract = "The paper examines the impact of changes in the variance of output prices on the bias and intrafirm diffusion rate of technological change. The results indicate that a reduction in the variance of output prices will increase the rate of adoption and the intrafirm diffusion speed of yield-increasing technologies. The opposite is true for cost-reducing technologies.",

author = "Kim, \{Tae Kyun\} and Hayes, \{Dermot J.\} and Arne Hallam",

year = "1992",

month = jan,

doi = "10.1016/0304-3878(92)90029-9",

language = "English",

volume = "38",

pages = "245--253",

journal = "Journal of Development Economics",

issn = "0304-3878",

publisher = "Elsevier B.V.",

number = "1",

}

TY - JOUR

T1 - Technology adoption under price uncertainty

AU - Kim, Tae Kyun

AU - Hayes, Dermot J.

AU - Hallam, Arne

PY - 1992/1

Y1 - 1992/1

N2 - The paper examines the impact of changes in the variance of output prices on the bias and intrafirm diffusion rate of technological change. The results indicate that a reduction in the variance of output prices will increase the rate of adoption and the intrafirm diffusion speed of yield-increasing technologies. The opposite is true for cost-reducing technologies.

AB - The paper examines the impact of changes in the variance of output prices on the bias and intrafirm diffusion rate of technological change. The results indicate that a reduction in the variance of output prices will increase the rate of adoption and the intrafirm diffusion speed of yield-increasing technologies. The opposite is true for cost-reducing technologies.

UR - https://www.scopus.com/pages/publications/0026490149

U2 - 10.1016/0304-3878(92)90029-9

DO - 10.1016/0304-3878(92)90029-9

M3 - Article

AN - SCOPUS:0026490149

SN - 0304-3878

VL - 38

SP - 245

EP - 253

JO - Journal of Development Economics

JF - Journal of Development Economics

IS - 1

ER -

Technology adoption under price uncertainty

Abstract

Access to Document

Other files and links

Fingerprint

Cite this