Chapter Assessment of agricultural productivity change at country level: A stochastic frontier approach

 0 Người đánh giá. Xếp hạng trung bình 0

Tác giả: Alessandro Magrini

Ngôn ngữ: eng

ISBN-13: 978-8855184618

ISBN: 9788855184618.37

Ký hiệu phân loại: 314 General statistics of Europe

Thông tin xuất bản: Florence : Firenze University Press, 2021

Mô tả vật lý: 1 electronic resource (6 p.)

Bộ sưu tập: Tài liệu truy cập mở

ID: 242568

In this paper, we estimate agricultural productivity change at country level based on the same data employed by the United States Department of Agriculture (USDA), the current reference data source, using a stochastic frontier model instead of the growth accounting method. The use of a stochastic frontier model is motivated by the opportunity to overcome the limitation of USDA estimates which rely on approximated and imputed input cost shares, and of the growth accounting method in general, which ignores technical inefficiency. We found that, in general, USDA estimates are higher in absolute value than ours but in substantial agreement, confirming the different theoretical foundations of the two methods and suggesting the empirical validity of both of them. Furthermore, our results show that the assumption of constant returns to scale made by many authors appears just a simplification and not a real property of the production processes of the various countries. This work has the value to provide, for the first time in the literature, a comparison between agricultural productivity changes estimated with different methodologies, and an additional data source that can be employed in a large variety of longitudinal economic analyses at country level.
Tạo bộ sưu tập với mã QR

THƯ VIỆN - TRƯỜNG ĐẠI HỌC CÔNG NGHỆ TP.HCM

ĐT: (028) 71010608 | Email: tt.thuvien@hutech.edu.vn

Copyright @2024 THƯ VIỆN HUTECH