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Registros recuperados: 14 | |
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Morrison Paul, Catherine J.; Ball, V. Eldon; Felthoven, Ronald G.; Nehring, Richard F.. |
This study uses a cost-function-based model of production processes in U.S. agriculture to represent producers' input and output decisions, and the implied costs of reductions in risk associated with leaching and runoff from agricultural chemical use. The model facilitates evaluation of the statistical significance of measured shadow values for "bad" outputs, and their input- and output-specific components, with a focus on the impacts on pesticide demand and its quality and quantity aspects. The shadow values of risk reduction are statistically significant, and imply increased demand for effective pesticides over time that stem largely from improvements in quality due to embodied technology, and that vary substantively by region. |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; Farm Management. |
Ano: 2000 |
URL: http://purl.umn.edu/11986 |
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Ahearn, Mary Clare; Yee, Jet; Ball, V. Eldon; Nehring, Richard F.. |
Increased productivity is a key to a healthy and thriving economy. Consequently, the trend in productivity, economywide, is one of the most closely watched of our common economic performance indicators. Agriculture, in particular, has been a very successful sector of the U.S. economy in terms of productivity growth. The U.S. farm sector has provided an abundance of output while using inputs efficiently. Agricultural productivity growth has been an important source of U.S. economic growth throughout the century, but the years since 1940 have seen an even faster growth in agricultural productivity. The annual average increase in productivity from 1948 to 1994 was 1.94 percent. This reflects an annual growth in output of 1.88 percent per year and an actual... |
Tipo: Report |
Palavras-chave: Productivity; Efficiency; Agricultural production; Outputs; Inputs; Productivity Analysis. |
Ano: 1998 |
URL: http://purl.umn.edu/33687 |
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Ball, V. Eldon; Lovell, C.A. Knox; Luu, H.; Nehring, Richard F.. |
Agricultural production is known to have environmental impacts, both adverse and beneficial, and it is desirable to incorporate at least some of these impacts in an environmentally sensitive productivity index. In this paper, we construct indicators of water contamination from the use of agricultural chemicals. These environmental indicators are merged with data on marketed outputs and purchased inputs to form a state-by-year panel of relative levels of outputs and inputs, including environmental impacts. We do not have prices for these undesirable by products, since they are not marketed. Consequently, we calculate a series of Malmquist productivity indexes, which do not require price information. Our benchmark scenario is a conventional Malmquist... |
Tipo: Journal Article |
Palavras-chave: Environmental impacts; Productivity growth; Environmental Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/30911 |
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Ball, V. Eldon; Lindamood, W.A.; Nehring, Richard F.; Mesonada, Carlos San Juan. |
This paper provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973-2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past investments. The weights correspond to the relative efficiencies of capital goods of different ages, so that the weighted components of capital stock have the same efficiency. Estimates of the stock of land are derived from balance sheet data. We convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of levels of capital input among countries... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Financial Economics. |
Ano: 2006 |
URL: http://purl.umn.edu/21315 |
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Ball, V. Eldon; Fare, Rolf; Grosskopf, Shawna; Zaim, O.; Nehring, Richard F.. |
This paper starts with the basic premise that the conventional measures of productivity growth, which ignore joint production of good and bad outputs, are biased. We then construct an alternative productivity growth measure using activity analysis. An application to U.S. agriculture demonstrates its usefulness. More specifically, we show that the Tornqvist index of productivity is biased upward when production of undesirable outputs or "bads" is increasing. Conversely, this same measure of productivity is biased downward when externalities in production are decreasing. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Productivity Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/20442 |
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Ball, V. Eldon; Butault, Jean-Pierre; Nehring, Richard F.. |
This study provides estimates of the growth and relative levels of agricultural productivity for the 48 contiguous States for the period 1960 to 1996. For the full 1960-96 period, every State exhibits a positive and generally substantial average annual rate of productivity growth. There is considerable variance, however. The wide disparity in growth rates resulted in substantial changes in the ranking order of States by productivity. For each year, we calculate the coefficient of variation of productivity levels. We use these coefficients to show that the range of levels of productivity has narrowed over time, although the pattern of convergence was far from uniform. The fact that in some States, productivity grew faster than others and yet the... |
Tipo: Report |
Palavras-chave: Production accounts; Multilateral index numbers; Total factor productivity; Productivity Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/33590 |
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Moss, Charles B.; Erickson, Kenneth W.; Ball, V. Eldon; Mishra, Ashok K.. |
This study has used an empirical approach developed by Urga and Walters (2003) to examine the implications of the short-run specification of the standard translog cost specification along with the possible implications of non-stationarity. We have estimated a dynamic translog cost specification complete with dynamic share equations for U.S. agriculture and compared it to the static, long-run specification. We found that the dynamic translog specification yielded more significant parameter estimates, and yielded results that are consistent with economic theory. In particular, the coefficient m (the adjustment cost parameter) determines the overall autoregressive structure of the model. The fact that its estimated value (0.36) is statistically different... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/22027 |
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Registros recuperados: 14 | |
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