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Change, Adjustment And The Role Of Specific Experience: Evidence From Sri Lankan Rice Farming

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  • S.A.B. Ekanayake
  • Sisira Jayasuriya

Abstract

Human capital comprising various components, such as different types of training, experience and skills, influences the capacity of economic agents to adjust to changing environments. We distinguish between formal education, general experience and various types of specific experience as determinants of adjustment to disequilibria in agriculture and demonstrate that their relative importance varies according to the nature of the changes facing the farmers. The results provide strong support for the importance of land-specific experience even in 'modernising' situations.
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  • S.A.B. Ekanayake & Sisira Jayasuriya, 1989. "Change, Adjustment And The Role Of Specific Experience: Evidence From Sri Lankan Rice Farming," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(2), pages 123-135, August.
    • Handle: RePEc:bla:ajarec:v:33:y:1989:i:2:p:123-135
    DOI: j.1467-8489.1989.tb00690.x
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    1. Fernandez-Cornejo, Jorge, 1994. "Nonradial Technical Efficiency And Chemical Input Use In Agriculture," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(1), pages 1-11, April.
    2. Mariam, Yohannes & Eisemon, Thomas & Coffin, Garth, 1993. "Production Efficiency in Peasant Agriculture: An Application of LISREL Model," MPRA Paper 403, University Library of Munich, Germany, revised 12 Aug 1994.

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