Technical change, prices and factor demand: Fertilizers in Argentine Agriculture

The objective of this paper is to analyze the relative importance of technical change and input prices in explaining factor demand in Argentine agriculture. Motivation for the paper is the fifteen-fold increase in fertilizer demand observed in Argentina in the 1990-2019 period. Results show that in...

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Main Author: Gallacher, Marcos
Format: Online
Language:eng
Published: Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2022
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/REyE/article/view/37161
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author Gallacher, Marcos
author_facet Gallacher, Marcos
author_sort Gallacher, Marcos
collection Portal de Revistas
description The objective of this paper is to analyze the relative importance of technical change and input prices in explaining factor demand in Argentine agriculture. Motivation for the paper is the fifteen-fold increase in fertilizer demand observed in Argentina in the 1990-2019 period. Results show that in the 1990 – 2019 period increase in fertilizer demand was a result not only of a fall in the fertilizer/crop price ratio, but also on increased marginal productivity of the fertilizer input. It is suggested that this is a result of the increased importance of “knowledge inputs” in the production process.   Reception date: 24/03/2022 Acceptance date: 22/08/2022
format Online
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institution Universidad Nacional de Cordoba
language eng
publishDate 2022
publisher Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
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spelling oai:ojs.revistas.unc.edu.ar:article-371612023-07-14T01:54:38Z Technical change, prices and factor demand: Fertilizers in Argentine Agriculture Cambio técnico, precios y demanda de factores: Los fertilizantes en la agricultura argentina Gallacher, Marcos Technical change fertilizers relative prices Cambio tecnológico fertilizantes precios relativos The objective of this paper is to analyze the relative importance of technical change and input prices in explaining factor demand in Argentine agriculture. Motivation for the paper is the fifteen-fold increase in fertilizer demand observed in Argentina in the 1990-2019 period. Results show that in the 1990 – 2019 period increase in fertilizer demand was a result not only of a fall in the fertilizer/crop price ratio, but also on increased marginal productivity of the fertilizer input. It is suggested that this is a result of the increased importance of “knowledge inputs” in the production process.   Reception date: 24/03/2022 Acceptance date: 22/08/2022 El objetivo de este trabajo es analizar el impacto del cambio tecnológico y de precios relativos como determinantes de la demanda de factores en la agricultura argentina. Motiva este trabajo el incremento significativo (x 15) en la demanda de fertilizantes ocurrido en el período 1990-2019. Los resultados muestran que en período 1990-2019 el incremento en la demanda de fertilizantes resultó no solo de bajas en el precio relativo fertilizante/grano, sino también del aumento de la productividad marginal del fertilizante. Esto sugiere la creciente importancia de “insumos asociados al conocimiento” en el proceso productivo.  Fecha de recepción: 24/03/2022 Fecha de aceptación: 22/08/2022 Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2022-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/html https://revistas.unc.edu.ar/index.php/REyE/article/view/37161 10.55444/2451.7321.2022.v60.n1.37161 Revista de Economía y Estadística; Vol. 60 No. 1 (2022); 55-78 Revista de Economía y Estadística; Vol. 60 Núm. 1 (2022); 55-78 2451-7321 0034-8066 10.55444/2451.7321.2022.v60.n1 eng https://revistas.unc.edu.ar/index.php/REyE/article/view/37161/40276 https://revistas.unc.edu.ar/index.php/REyE/article/view/37161/41963 Derechos de autor 2022 Marcos Gallacher http://creativecommons.org/licenses/by-nc-nd/4.0
spellingShingle Technical change
fertilizers
relative prices
Cambio tecnológico
fertilizantes
precios relativos
Gallacher, Marcos
Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title_alt Cambio técnico, precios y demanda de factores: Los fertilizantes en la agricultura argentina
title_full Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title_fullStr Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title_full_unstemmed Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title_short Technical change, prices and factor demand: Fertilizers in Argentine Agriculture
title_sort technical change prices and factor demand fertilizers in argentine agriculture
topic Technical change
fertilizers
relative prices
Cambio tecnológico
fertilizantes
precios relativos
topic_facet Technical change
fertilizers
relative prices
Cambio tecnológico
fertilizantes
precios relativos
url https://revistas.unc.edu.ar/index.php/REyE/article/view/37161
work_keys_str_mv AT gallachermarcos technicalchangepricesandfactordemandfertilizersinargentineagriculture
AT gallachermarcos cambiotecnicopreciosydemandadefactoreslosfertilizantesenlaagriculturaargentina