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Registros recuperados: 8
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The Use of Bootstrapped Malmquist Indices to Reassess Productivity Change Findings: An Application to a Sample of Polish Farms AgEcon
Balcombe, Kelvin George; Davidova, Sophia; Latruffe, Laure.
The paper assesses the extent to which sampling variation affects findings about Malmquist productivity change derived using Data Envelopment Analysis (DEA), in the first stage calculating productivity indices and in the second stage investigating the farm-specific change in productivity. Confidence intervals for Malmquist indices are constructed using Simar and Wilson's (1999) bootstrapping procedure. The main contribution of the paper is to account in the second stage for the information provided by the bootstrap in the first stage. The DEA standard errors of the Malmquist indices given by bootstrapping are employed in an innovative heteroscedastic panel regression, using a maximum likelihood procedure. The application is to a sample of 250 Polish farms...
Tipo: Conference Paper or Presentation Palavras-chave: Productivity; Malmquist; Bootstrapping; Second-stage regression; Poland; Productivity Analysis.
Ano: 2006 URL: http://purl.umn.edu/25793
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Stochastic biases in technical change in South African agriculture AgEcon
Balcombe, Kelvin George; Bailey, Alastair; Morrison, Jamie; Rapsomanikis, George; Thirtle, Colin G..
This paper examines biased technical change in South African agriculture using a system of share equations with unobserved components. Developing on the work of Lambert and Shonkwiler (1995), this paper generalises previous work by introducing independent unobserved components into each model using a regression-based approach. We find evidence of stochastic technical change, which is itself biased between the four factors of production: machinery, land, labour and fertiliser, and which closely reflects distinct phases of South African agricultural policy and development.
Tipo: Journal Article Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2000 URL: http://purl.umn.edu/54211
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Input usage, output mix and industry deregulation: an analysis of the Australian dairy manufacturing industry AgEcon
Balcombe, Kelvin George; Doucouliagos, Hristos; Fraser, Iain.
In this paper we estimate a Translog output distance function for a balanced panel of state level data for the Australian dairy processing sector. We estimate a fixed effects specification employing Bayesian methods, with and without the imposition of monotonicity and curvature restrictions. Our results indicate that Tasmania and Victoria are the most technically efficient states with New South Wales being the least efficient. The imposition of theoretical restrictions marginally affects the results especially with respect to estimates of technical change and industry deregulation. Importantly, our bias estimates show changes in both input use and output mix that result from deregulation. Specifically, we find that deregulation has positively biased the...
Tipo: Journal Article Palavras-chave: Bayesian; Deregulation; Output distance function; Agribusiness.
Ano: 2007 URL: http://purl.umn.edu/118324
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TESTING SYMMETRY AND HOMOGENEITY IN THE AIDS WITH COINTEGRATED DATA USING FULLY-MODIFIED ESTIMATION AND THE BOOTSTRAP AgEcon
Tiffin, J. Richard; Balcombe, Kelvin George.
Convential SUR estimation of the AIDS is shown to lead to small sample bias and distortions in the size of a Wald test for symmetry and homogeneity when the data are cointegrated. A fully-modified estimator is developed in an attempt to remedy these problems. It is shown that this estimator reduces the small sample bias but fails to eliminate the size distortion. Bootstrapping is shown to be ineffective as a method of removing small sample bias in both the conventional and fully modified estimators. Bootstrapping is effective however as a method of removing the size distortion and performs equally well in this respect with both estimators.
Tipo: Conference Paper or Presentation Palavras-chave: AIDS; Cointegration; Fully modified estimation; Bootstrapping; Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/25845
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Productivity Change in Polish Agriculture: An Application of a Bootstrap Procedure to Malmquist Indices AgEcon
Balcombe, Kelvin George; Davidova, Sophia; Latruffe, Laure.
This paper employs bootstrapping to correct for bias and to construct confidence intervals for Malmquist TFP indices derived with DEA. It uses these results to investigate the productivity change in Polish agriculture during a crucial period of the country's transition to a market economy, 1996-2000, when Poland was preparing for accession to the European Union. The bias corrected estimates show regress in productivity at an annual rate of 4 percent. The confidence intervals suggest that between two-thirds and four-fifths of the sample farms (250) in different years might have experienced no change in productivity. The cluster analysis based on confidence bounds reveals three paths of productivity change. Farms which recorded an increase in productivity at...
Tipo: Conference Paper or Presentation Palavras-chave: Malmquist indices; Bootstrapping; Poland; Farms; Productivity change; Productivity Analysis; D24; Q12; C6.
Ano: 2005 URL: http://purl.umn.edu/24572
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AN APPLIATION OF THE STOCHASTIC LATENT VARIABLE APPROACH TO THE CORRECTION OF SECTOR LEVEL TFP CALCULATIONS IN THE FACE OF BIASED TECHNOLOGICAL CHANGE AgEcon
Bailey, Alastair; Irz, Xavier T.; Balcombe, Kelvin George.
The measurement of the impact of technical change has received significant attention within the economics literature. One popular method of quantifying this impact of technical change is the use of growth accounting index numbers. However, in a recent article Nelson and Pack (1999) criticise the use of such index numbers in situations where technical change is likely to be biased in favour of one or other inputs. In particular they criticise the common approach of applying observed factor shares as proxies for partial output elasticities to weight the change in quantities which they claim are only valid under Hicks neutrality. Recent advances in the measurement of product and factor biases of technical change developed by Balcombe et al (2000) provide a...
Tipo: Conference Paper or Presentation Palavras-chave: Biased Technological Change; Latent Variables; TFP.; Research and Development/Tech Change/Emerging Technologies.
Ano: 2003 URL: http://purl.umn.edu/25842
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Impact of Income on Calorie and Nutrient Intakes: A Cross-Country Analysis AgEcon
Salois, Matthew J.; Tiffin, J. Richard; Balcombe, Kelvin George.
The relationship between income and nutrient intake is explored. Nonparametric, panel, and quantile regressions are used. Engle curves for calories, fat, and protein are approximately linear in logs with carbohydrate intakes exhibiting diminishing elasticities as incomes increase. Elasticities range from 0.10 to 0.25, with fat having the highest elasticities. Countries in higher quantiles have lower elasticities than those in lower quantiles. Results predict significant cumulative increases in calorie consumption which are increasingly composed of fats. Though policies aimed at poverty alleviation and economic growth may assuage hunger and malnutrition, they may also exacerbate problems associated with obesity.
Tipo: Conference Paper or Presentation Palavras-chave: Calorie and nutrient consumption; Food and nutrition policy; Income elasticities; Nonparametric; Panel; Quantile regression.; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Development; Research Methods/ Statistical Methods; C11; C14; C21; C23; O10; O47; Q18.
Ano: 2011 URL: http://purl.umn.edu/103647
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TECHNICAL EFFICIENCY OF POLISH FARMS: ESTIMATION ACCORDING TO SPECIALISATION AND LESSONS FROM CONFIDENCE INTERVALS AgEcon
Latruffe, Laure; Balcombe, Kelvin George; Davidova, Sophia; Zawalinska, Katarzyna.
The technical and scale efficiency of Polish farms is analysed, using Data Envelopment Analysis. Efficiency differences are measured according to farm specialisation, in crop or livestock, at two points in time during transition, 1996 and 2000. The statistical variability of efficiency estimates is investigated. The efficiency results are reviewed in the light of confidence intervals provided by bootstrapping and of a summary measure introduced in this study 'the coefficient of separation'. The inference analysis suggests that farms might be less efficient than revealed by the point estimates alone, and that they might not be clearly different from each other.
Tipo: Conference Paper or Presentation Palavras-chave: Productivity Analysis.
Ano: 2003 URL: http://purl.umn.edu/25894
Registros recuperados: 8
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