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Nonparametric estimates of productivity and efficiency change in Australian Broadacre Agriculture

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Open access
Authors
Khan, F.
Salim, Ruhul
Bloch, Harry
Date
2014
Type
Journal Article

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Khan, F. and Salim, R. and Bloch, H. 2014. Nonparametric estimates of productivity and efficiency change in Australian Broadacre Agriculture. Australian Journal of Agricultural and Resource Economics. 59 (3) : pp. 393-411.
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Australian Journal of Agricultural and Resource Economics
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School of Economics and Finance
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This is the peer reviewed version of the article cited above, which has been published in final form at http://doi.org/10.1111/1467-8489.12076. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving at http://olabout.wiley.com/WileyCDA/Section/id-820227.html#terms

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Abstract

This paper computes and decomposes Färe-Primont indexes of total factor productivity of Australian broadacre agriculture by estimating distance functions. Using state-level data from 1990 to 2011, the empirical results show that TFP grew at an average rate of 1.36 per cent per annum in the broadacre agriculture over the period 1990–2011. There are variations of total factor productivity (TFP) growth across states and fluctuations over time within each state and territory. However, overall, there is a clear movement towards slower TFP growth across the sample period. Further decomposition of TFP growth shows that it is declining growth in technical possibilities (technological progress) that is the main driver of the declining trend in productivity growth in broadacre agriculture in Australia.