| For decades, Russian agriculture had had little technological progress and virtually no foreign investment, which resulted in a stable production possibilities frontier and made the sector ideally suited to production function analysis. The production function estimations reported in Chapters 10-13 add to a series of previous studies of the input/output relationship in Russian agriculture (e.g., Clayton, 1980, 1984; Gray, 1981; Johnson and Brooks, 1983), which generally followed the same methodology. In the late 1970s and the 1980s, however, the average response production functions gave way in the economics literature to more sophisticated production analysis techniques that measured not only productivity but technical efficiency as well (Aigner, et al.,... |
