The objective of this paper is to analyze the relative importance of tech[1]nical change and input prices in explaining factor demand in Argentine agriculture. Motivation for the paper is the twelve-fold increase in fertilizer demand observed in the period beginning in the early 1990’s and ending the late 2010’s. Results show that in the 1990 – 2019 period increase in fertilizer demand was a result not only of a fall in the fertilizer/crop price ratio, but also on increased marginal productivity of the fertilizer input. It is suggested that this is a result of the increased importance of “knowledge inputs” in the production process.

Acceder al documento: https://revistas.unc.edu.ar/index.php/REyE/article/view/37161