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Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009279701
Persistent link: https://www.econbiz.de/10010663479
Subsidised energy prices in pre-transition Hungary had led to excessive energy intensity in the agricultural sector. Transition has resulted in steep input price increases. In this study, Allen and Morishima elasticities of substitution are estimated to study the effects of these price changes...
Persistent link: https://www.econbiz.de/10011069358
Conradie et al. (2009a and 2009b) identified the Central Karoo as the worst performing area in the Western Cape, but left the reasons for the region's declining total factor productivity (TFP) unexplained. The current paper uses a combination of literature review and analysis of anecdotal...
Persistent link: https://www.econbiz.de/10010825396
Persistent link: https://www.econbiz.de/10012087610
This article updates total factor productivity (TFP) growth in UK agriculture from 1953-2005 and shows that public and private research and returns to scale explain TFP. Cointegration and causality tests are used to investigate the validity of attempts to explain UK agricultural productivity...
Persistent link: https://www.econbiz.de/10005290834
Persistent link: https://www.econbiz.de/10005299248
Persistent link: https://www.econbiz.de/10012086294
Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009429459
This study applies data envelopment analysis (DEA) to 1990-91 maize production data for small-holders in the Northern Transvaal homelands of KaNgwane, Lebowa and Venda. There are extremely large differences in efficiency, both between farms and between regions. Within regions, the poorest farms...
Persistent link: https://www.econbiz.de/10005442826