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TECHNOLOGICAL CHANGE IN THE ARID ZONE OF NEW SOUTH WALES

TECHNOLOGICAL CHANGE IN THE ARID ZONE OF NEW SOUTH WALES The results described challenge the generally accepted interpretation of the factors underlying the changes in sheep numbers in the arid zone of New South Wales. The extent to which long‐run changes in rainfall have been ignored is highlighted. Estimates of output per man are derived, using the C.E.S. production function, which show that there has been a small positive rate of technological change. Three‐quarters of such technological advance has been due to factors which affect numbers of sheep carried, the remainder due to factors affecting wool production per sheep. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Australian Journal of Agricultural Resource Economics Wiley

TECHNOLOGICAL CHANGE IN THE ARID ZONE OF NEW SOUTH WALES

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References (5)

Publisher
Wiley
Copyright
Copyright © 1972 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1364-985X
eISSN
1467-8489
DOI
10.1111/j.1467-8489.1972.tb00088.x
Publisher site
See Article on Publisher Site

Abstract

The results described challenge the generally accepted interpretation of the factors underlying the changes in sheep numbers in the arid zone of New South Wales. The extent to which long‐run changes in rainfall have been ignored is highlighted. Estimates of output per man are derived, using the C.E.S. production function, which show that there has been a small positive rate of technological change. Three‐quarters of such technological advance has been due to factors which affect numbers of sheep carried, the remainder due to factors affecting wool production per sheep.

Journal

The Australian Journal of Agricultural Resource EconomicsWiley

Published: Apr 1, 1972

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