Technological innovations, downside risk, and the modernization of agriculture

We use a randomized experiment in India to show that improved technology enhances agricultural productivity by crowding in modern inputs and cultivation practices. Specifically, we show that a new rice variety that reduces downside risk by providing flood tolerance has positive effects on adoption o...

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Detalles Bibliográficos
Autores principales: Emerick, Kyle, de Janvry, Alain, Sadoulet, Elisabeth, Dar, Manzoor H.
Formato: Journal Article
Lenguaje:Inglés
Publicado: American Economic Association 2016
Acceso en línea:https://hdl.handle.net/10568/165252
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author Emerick, Kyle
de Janvry, Alain
Sadoulet, Elisabeth
Dar, Manzoor H.
author_browse Dar, Manzoor H.
Emerick, Kyle
Sadoulet, Elisabeth
de Janvry, Alain
author_facet Emerick, Kyle
de Janvry, Alain
Sadoulet, Elisabeth
Dar, Manzoor H.
author_sort Emerick, Kyle
collection Repository of Agricultural Research Outputs (CGSpace)
description We use a randomized experiment in India to show that improved technology enhances agricultural productivity by crowding in modern inputs and cultivation practices. Specifically, we show that a new rice variety that reduces downside risk by providing flood tolerance has positive effects on adoption of a more labor-intensive planting method, area cultivated, fertilizer usage, and credit utilization. We find that a large share of the expected gains from the technology comes from crowding in of other investments. Therefore, improved technologies that reduce risk by protecting production in bad years have the potential to increase agricultural productivity in normal years. (JEL O13, O33, Q14, Q15, Q16)
format Journal Article
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publishDate 2016
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spelling CGSpace1652522024-12-22T05:44:57Z Technological innovations, downside risk, and the modernization of agriculture Emerick, Kyle de Janvry, Alain Sadoulet, Elisabeth Dar, Manzoor H. We use a randomized experiment in India to show that improved technology enhances agricultural productivity by crowding in modern inputs and cultivation practices. Specifically, we show that a new rice variety that reduces downside risk by providing flood tolerance has positive effects on adoption of a more labor-intensive planting method, area cultivated, fertilizer usage, and credit utilization. We find that a large share of the expected gains from the technology comes from crowding in of other investments. Therefore, improved technologies that reduce risk by protecting production in bad years have the potential to increase agricultural productivity in normal years. (JEL O13, O33, Q14, Q15, Q16) 2016-06-01 2024-12-19T12:54:51Z 2024-12-19T12:54:51Z Journal Article https://hdl.handle.net/10568/165252 en American Economic Association Emerick, Kyle; de Janvry, Alain; Sadoulet, Elisabeth and Dar, Manzoor H. 2016. Technological innovations, downside risk, and the modernization of agriculture. American Economic Review, Volume 106 no. 6 p. 1537-1561
spellingShingle Emerick, Kyle
de Janvry, Alain
Sadoulet, Elisabeth
Dar, Manzoor H.
Technological innovations, downside risk, and the modernization of agriculture
title Technological innovations, downside risk, and the modernization of agriculture
title_full Technological innovations, downside risk, and the modernization of agriculture
title_fullStr Technological innovations, downside risk, and the modernization of agriculture
title_full_unstemmed Technological innovations, downside risk, and the modernization of agriculture
title_short Technological innovations, downside risk, and the modernization of agriculture
title_sort technological innovations downside risk and the modernization of agriculture
url https://hdl.handle.net/10568/165252
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