Journal article
Incorporating Technological Change in Diffusion Models
American journal of agricultural economics, Vol.73(3), pp.724-733
08/1991
DOI: 10.2307/1242824
Abstract
The theoretical and empirical implications of a static and dynamic logistic diffusion model are compared. The dynamic model relaxes some assumptions of the static model by allowing for a flexible adoption ceiling, for changes in the technology, and for disadoption. Both models were used to estimate the diffusion of semi‐dwarf wheat varieties in the United States. The dynamic model provides a better fit to the data and provides additional insights into the economic determinants of adoption. In particular, the importance of technological change in other areas (here, in fertilizer) on the diffusion path of an innovation was shown.
Details
- Title: Subtitle
- Incorporating Technological Change in Diffusion Models
- Creators
- Mary K. Knudson - The Institute of Public Policy Studies, University of Michigan
- Resource Type
- Journal article
- Publication Details
- American journal of agricultural economics, Vol.73(3), pp.724-733
- DOI
- 10.2307/1242824
- ISSN
- 0002-9092
- eISSN
- 1467-8276
- Publisher
- Oxford University Press
- Number of pages
- 10
- Language
- English
- Date published
- 08/1991
- Academic Unit
- Economics
- Record Identifier
- 9984380405302771
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