Campus Units

Economics

Document Type

Article

Publication Version

Submitted Manuscript

Publication Date

9-2012

Journal or Book Title

Economics Letters

Volume

116

Issue

3

First Page or Article ID Number

354

Last Page

357

DOI

10.1016/j.econlet.2012.03.023

Abstract

We propose a strategy to identify the complementarity or substitutability among technology bundles. Differences between the observed distribution of technology choices can be subjected to statistical tests. Combinations of technologies that occur with greater frequency than would occur under independence are complementary technologies. Combinations that occur with less frequency are substitute technologies. We use the strategy to evaluate multiple technology adoptions on US hog farms. As the number of bundled technologies increases, they are increasingly likely to be complementary with one another, even if subsets are substitutes when viewed in isolation.

JEL Classification

O33, L25, C12

Comments

This is a manuscript of an article from Economics Letters 116 (2012): 354, doi: 10.1016/j.econlet.2012.03.023. Posted with permission.

Copyright Owner

Elsevier B. V.

Language

en

File Format

application/pdf

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