Esposti, Roberto; Pierani, Pierpaolo - European Association of Agricultural Economists - EAAE - 2005
This paper aims at investigating the price-induced innovation hypothesis in Italian agriculture over the years 1951 to …-fixed inputs allows both a more realistic representation of how relative prices may affect innovation and input use over time and a … detailed decomposition of the relevant biases in input use. Results provide evidence in favour of price-inducement innovation …