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Sheng, Yu; Mullen, John D.; Zhao, Shiji. |
Agricultural productivity growth has been strong relative to other sectors in the Australian economy, and relative to the agricultural sectors of other developed countries. However, as commonly observed among other developed economies, growth in productivity in the broadacre sector of Australian agriculture seems to have slowed in the past decade. This paper uses the adjusted cumulative sum square (CUSQ) index to examine the trend stability of total factor productivity in Australian broadacre agriculture over the period 1952-53 to 2006-07. The results show that a significant slowdown occurred around the mid-1990s. Further analysis shows that the slowdown in productivity growth is driven by a longterm decline in public R&D investment in addition to poor... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Total factor productivity; Structural change analysis; CUSUM index; Crop Production/Industries; Farm Management. |
Ano: 2010 |
URL: http://purl.umn.edu/59266 |
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Hughes, Neal; Lawson, Kenton; Davidson, Alistair; Jackson, Tom; Sheng, Yu. |
This study introduces two advances to the aggregate productivity index methodology typically employed by ABARES. First, it accounts for the effects of climate variability on measured productivity by matching spatial climate data to individual farms in the ABARES farm surveys database. Second, a farm-level production frontier estimation technique is employed to facilitate the decomposition of productivity change into several key components, including technical change and technical efficiency change. The study makes use of farm-level data from the ABARES Australian agricultural and grazing industries survey database. An unbalanced panel dataset is constructed containing 13 430 observations (4255 farms) over the period 1977–78 to 2007–08. Spatial climate... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Productivity Analysis. |
Ano: 2011 |
URL: http://purl.umn.edu/100563 |
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