Spatial modeling in technology adoption decisions: the case of shuttle train elevators

This article empirically models a strategic game of technology adoption of shuttle train grain elevators with information on location of the firm and its competitors. A spatial econometric model illustrates the role of spatial interdependence of rivals’ decisions as well as agronomic and competitive...

Full description

Autores:
Sarmiento, Camilo
Wilson, William W.
Tipo de recurso:
Article of journal
Fecha de publicación:
2005
Institución:
Escuela Colombiana de Ingeniería Julio Garavito
Repositorio:
Repositorio Institucional ECI
Idioma:
eng
OAI Identifier:
oai:repositorio.escuelaing.edu.co:001/2847
Acceso en línea:
https://repositorio.escuelaing.edu.co/handle/001/2847
https://repositorio.escuelaing.edu.co/
Palabra clave:
Correlación (estadística)
Análisis espacial (estadística)
Econometría espacial
Correlation (statistics)
Spatial analysis (statistics)
Spatial econometrics
concentrated likelihood function
technology adoption
shuttle trains
spatial correlation
función de probabilidad concentrada
Adopción de tecnología
Trenes lanzadera
Correlación espacial
Rights
closedAccess
License
http://purl.org/coar/access_right/c_14cb
Description
Summary:This article empirically models a strategic game of technology adoption of shuttle train grain elevators with information on location of the firm and its competitors. A spatial econometric model illustrates the role of spatial interdependence of rivals’ decisions as well as agronomic and competitive variables on discrete adoption decisions. The analysis assesses equilibria conditions that characterize technology adoption, in this case of shuttle train adoption, and the results provide an explanation of shuttle train adoption decisions in the grain handling industry in which spatial competition is critical.