DIFFUSION OF TECHNOLOGY - A NEOCLASSICAL VIEW
DOI:
https://doi.org/10.35977/0104-1096.cct1998.v15.8936Keywords:
velocidade de adoção, taxa de retorno, escolha de tecnologia.Abstract
We discuss the diffusion of technology from the point of view neoclassical economics. In the long run, the adoption of technology depends only on the rate of return of the new technology compared with the old one. A distinction is made between the speed of diffusion and the number of farmers that adopt the new technology. The number of farmers that have adopted the new technology depends only on the rate of return of the new technology compared with the old ones. The speed of adoption is function of the rate of return and of the variables introduced by the diffusion models. The choice of technology depends, in general, on relative prices. There are, however, technologies that support a huge variation of prices.Downloads
Published
1998-01-01
Issue
Section
Ensaios
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After publication of the work, the Authors are authorized to non-exclusively distribute the version of the published work (for example: publish in an institutional repository, as a book chapter, create links on electronic pages, etc.), as long as the authorship and initial publication in this journal are mentioned.How to Cite
Alves, E. (1998). DIFFUSION OF TECHNOLOGY - A NEOCLASSICAL VIEW. Science & Technology Journals, 15(2), 27-33. https://doi.org/10.35977/0104-1096.cct1998.v15.8936
