Induced Innovations and Foreign Workers in U.S. Agriculture

A cost function approach of induced innovation is used to measure the biases in U.S. agricultural technology between 1948-1994. The results show significant labor-saving, capital-using technical change. Focusing on the impact of migration policy on labor-saving technology, a simulaton of different rates of labor-saving technical change is conducted. The simulation shows decreases in elasticity of labor demand and demand quantity, and an increase in wage rate as technology becomes more labor-saving.


Issue Date:
2005
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/15641
Total Pages:
23
JEL Codes:
Q160; J430; O300
Series Statement:
Working Paper WPTC 05-03




 Record created 2017-04-01, last modified 2017-08-23

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