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Table 3. Technical indices satisfying the augmented weak axiom of profit maximization (WAPM) hypothesis.
Table 3

a TSV: Taura Syndrome Virus

b Public research investment (ha-1 yr-1): $5.39 (1993–1994 work plan), $5.63 (1994–1995 work plan), $7.46 (1995–1996 work plan). Private research investment (ha-1 yr-1) assumed to be $1,792 from 1993 to 1997.

c "atau" represents the marginal impact on current output of research completed t years ago.

d (B1t - B1s) > (<) 0 indicates input-saving (-using) bias due to technical change in the PL stocking input, measured in number of PL ha-1, from year t to year s (Cox et al., 1997). Similarly, (B2t - B2s) gives the bias effect due to technical change for the feeding input measured in kg ha-1.