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This article presents multi-output, multi-input total factor productivity (TFP) growth rates in agriculture for 88 countries over the 1970–2001 period, estimated with both stochastic frontier analysis (SFA) and the more commonly employed data envelopment analysis (DEA). We find results with...
Persistent link: https://www.econbiz.de/10009448484
The estimated parameters of output distance functions frequently violate the monotonicity, quasiconvexity and convexity constraints implied by economic theory, leading to estimated elasticities and shadow prices that are incorrectly signed, and ultimately to perverse conclusions concerning the...
Persistent link: https://www.econbiz.de/10009448063
The estimated parameters of output distance functions frequently violate the monotonicity, quasi-convexity and convexity constraints implied by economic theory, leading to estimated elasticities and shadow prices that are incorrectly signed, and ultimately to perverse conclusions concerning the...
Persistent link: https://www.econbiz.de/10009479528
Seminal papers of Solow (1957) and Swan (1956) stimulated debate among economists on the role of technical change in productivity improvements and for that matter economic growth. The consensus is that technological change accounts for a significant proportion of gross national product (GNP)...
Persistent link: https://www.econbiz.de/10009434905
The current study was motivated by statements made by the Economic Strategies Committee that Singapore’s recent productivity levels in services were well below countries such as the US, Japan and Hong Kong. Massive employment of foreign workers was cited as the reason for poor productivity...
Persistent link: https://www.econbiz.de/10009438295
There is a continuing debate on whether or not ownership changes accompanying privatization of state-owned enterprises (SOEs) lead to performance improvements of such firms. Since profitability measures alone are possibly inappropriate for SOEs, we address this very significant current question...
Persistent link: https://www.econbiz.de/10009441699
Fortunes in the agricultural sectors of four of the largest South Pacific countries are traced in recent decades by estimating the single factoral terms of trade index. The single factoral terms of trade are measured for agriculture in four Melanesian countries-Fiji, Papua New Guinea, Solomon...
Persistent link: https://www.econbiz.de/10009442460
Studies of total factor productivity in livestock production are rare, but when available provide useful information especially in the context of developing countries such as China where livestock is becoming more important in the domestic agricultural economy. We estimate total factor...
Persistent link: https://www.econbiz.de/10009442895
Studies of total factor productivity in livestock production are rare, but when available provide useful information especially in the context of developing countries such as China where livestock is becoming more important in the domestic agricultural economy. We estimate total factor...
Persistent link: https://www.econbiz.de/10009443952
Limited data on the allocation of inputs to different activities has limited agricultural economists' attempts to measure sub-sector productivity growth in agriculture. However, recent developments have enabled us to estimate total factor productivity (TFP) growth for crops and livestock...
Persistent link: https://www.econbiz.de/10009445209