Faktorpreise, Faktorproduktivität und Technologie in der amerikanischen, europäischen und japanischen Landwirtschaft von 1880 bis 1965

Factor Prices, Factor Productivities and Technology in American, European and Japanese Agricultures from 1880 to 1965 The relative abundance of land and the scarcity of labor induced American agriculture to become a leader in labor-saving mechanical technologies. Similar developments occurred in England. Before World War I land prices increased in Japan more rapidly than agricultural wages. In Germany wages paralleled rising land prices. Both countries became pioneers in developing land-saving biological and chemical technologies. Regression analysis shows that changes in the land to fertilizer price ratio explained significantly the level of fertilizer consumption in the US, Germany and Japan. Germany, and Japa