Assistant Professor Guilherme DePaula published in the most recent issue of Journal of Developmental Economics. DePaula is the author of "Bundled contracts and technological diffusion: Evidence from the Brazilian soybean boom." The article analyzes a novel panel dataset with farm-level census data and finds that a bundled contract including technology, finance, inputs, and market access led to rapid technological diffusion, agricultural expansion, and a 10-fold increase in agricultural productivity by enabling the conversion of marginal land into commercial soybean plantations.
Bundled contracts and technological diffusion: Evidence from the Brazilian soybean boom
Guilherme DePaula
Journal of Developmental Economics 165(2023):103163
doi: 10.1016/j.jdeveco.2023.103163