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Agricultural Productivity and Convergence: Europe and the United States

[Zeitschriftenartikel]

Rezitis, Anthony N.

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Abstract This paper applies the Window Malmquist Index (WMI) approach to measure changes in agricultural total factor productivity (TFP) for the United States and a sample of nine European countries for the period 1973 to 1993. The data set used in this paper is obtained from Ball et al. (2001). The WMI is constructed by combining Data Envelopment Analysis (DEA) window analysis with the Malmquist index approach. Furthermore, the “Kruskal and Wallis rank test” is used for testing frontier shifts among observed periods. The paper also explores the question of convergence in TFP across the countries under consideration, by testing for â- and ó-convergence, as well as for stochastic or long-run convergence. The results show wide variation in the rate of TFP growth across countries with an average trend growth rate of 1.62%. The results indicate the presence of â-convergence but the absence of ó-convergence for the full period under consideration but the presence of both â- and ó-convergence for the sub-period 1983-1993. Finally, a wide spectrum of panel unit root test results support the presence of long-run convergence among the sample countries.
Klassifikation Wirtschaftssektoren
Sprache Dokument Englisch
Publikationsjahr 2010
Seitenangabe S. 1029-1044
Zeitschriftentitel Applied Economics, 42 (2010) 8
DOI http://dx.doi.org/10.1080/00036840701721026
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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