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| Cahill, Sean A.. |
| If the claimants of net farm income are operators and unpaid family members, net farm income can be expressed as a real implicit wage per hour of work. Bennet indicators are used to decompose changes in the real implicit wage into input and output price change components and partial factor productivity growth (PFPG). PFPG is the difference between output growth and the growth of all inputs but operator and unpaid family labor. Data from the ERS production account for U.S. agriculture for 1948-2002 are used. The results show that, on average, positive PFPG was either partially or fully offset by the output and input price components. These results suggest that the accepted wisdom namely that agricultural productivity growth is key to the sectors... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Productivity Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/9359 |
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| Cahill, Sean A.. |
| Improvements in competitiveness can be achieved through policy initiatives, but the success of these policies will depend upon the way that firms and consumers respond. This paper establishes the conditions under which a policy change can lead to an improvement in the competitiveness of a Canadian firm. There are two firms (Canadian, U.S.) each with two brands and each making sales in two markets (Canada, U.S.) and two consumers, one in Canada and one in the U.S. Equilibrium is shown to depend on inverse compensated demand function coefficients, the conjectured best response coefficients for each firm and marginal cost functions for each firm. An improvement in competitiveness from an investment in public infrastructure in Canada is shown to depend upon... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Competitiveness; Imperfect competition; Public infrastructure investment; Industrial Organization; International Relations/Trade; F12. |
| Ano: 2011 |
URL: http://purl.umn.edu/102038 |
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