Showing 1 - 10 of 120
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
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
This paper briefly presents the results of a total factor productivity (TFP) study of South African commercial agriculture, for 1947-1997, and illustrates some potential pitfalls in rate of return to research (ROR) calculations. The lag between R&D and TFP is analyzed and found to be only 9...
Persistent link: https://www.econbiz.de/10011069255
"Multilateral indices of total factor productivity (TFP) allow efficiency comparisons between ten European Union countries and the United States from 1973 to 1993. Differences in TFP levels are then explained by land quality differences, public research and development (R&D) expenditures,...
Persistent link: https://www.econbiz.de/10005044680
Persistent link: https://www.econbiz.de/10005123267
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
This study is an investigation of convergence in per capita incomes and total factor productivity (TFP) for agriculture in the African continent. The concept of convergence, which is a basic prediction of the neoclassical growth model, has been shown to have considerable explanatory power. Here,...
Persistent link: https://www.econbiz.de/10005443017
Persistent link: https://www.econbiz.de/10005372137
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
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