Showing 51 - 60 of 183
This paper addresses the issue of measuring waste due to the imposition of a production quota. our objective is to elaborate two alternative general equilibrium concepts of the welfare loss due to the imposition of a production quota, and to illustrate their use by considering costs of the U.S....
Persistent link: https://www.econbiz.de/10005125965
This paper examines changes in agricultural productivity in18 developing countries over the period 1961-1985. We use the nonparametric, output- based Mamquist index to examine whether the results from such approach confirm results from other methods that have indicated declining agricultural...
Persistent link: https://www.econbiz.de/10005062427
Replaced with revised version of paper 07/29/09.
Persistent link: https://www.econbiz.de/10005068486
This study estimates nonparametric non-stochastic Malmquist indices and a stochastic Fourier production frontier to examine agricultural productivity and its interactions with socio-political institutions in 41 sub-Saharan African countries during 1961-1999. We have learned from this study that...
Persistent link: https://www.econbiz.de/10005493611
Traditional measures of the benefits of technological change use producer prices. Consumer-oriented measures are more appropriate but they require knowledge of price impacts. They may diverge in the presence of distortions. This paper shows that in general equilibrium they are interrelated...
Persistent link: https://www.econbiz.de/10005501153
Agricultural productivity in 41 Sub-Saharan Africa (SSA) countries from 1960 to 1999 is examined by estimating a semi-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the average rate from 1985-99 was a strong...
Persistent link: https://www.econbiz.de/10005460380
Agricultural productivity in 41 Sub-Saharan Africa (SSA) countries from 1960 to 1999 is examined by estimating a semi-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the average rate from 1985-99 was a strong...
Persistent link: https://www.econbiz.de/10005407719
Agricultural production quotas are policy instruments that many countries have adopted as a means of transferring income from consumers to producers. Here the partial equilibrium approach of Allais and Diewert is adapted to measure the efficiency loss in the production sector due to quotas....
Persistent link: https://www.econbiz.de/10005612564
Recent studies have revealed that LDCs have been taxing their agricultural sectors at rates of 40 to 50 percent. While it is widely acknowledged that this taxation might have significant allocative effects, this paper examines a cross-country aggregated agricultural production function. The...
Persistent link: https://www.econbiz.de/10005612633
Tobin and Houthakker's (1950-51) work on consumer behavior under quantity rationing has been extended by many authors, especially through the use of duality theory. This paper uses duality theory to extend the work on demand theory under rationing to the case of producer behavior under quotas....
Persistent link: https://www.econbiz.de/10008646551