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Title
Measuring Productivity Growth in the Presence of Structural Change
Fields of Research (FoR) 2008:
Author(s)
Publication Date
2009
Socio-Economic Objective (SEO) 2008
Abstract
This study highlights the usefulness, versatility and general dexterity of an extremely robust methodology for assessing structural change in agriculture. The methodology is the multiple change point model estimator developed by Chib (1998). Despite its appeal it has, until now, remained hitherto unexploited in agricultural economics. We modify slightly the seminal prototype in Chib (1998) to embrace a rich set of rotating panel observations on agricultural cereals enterprises as assessed previously by Hadley (2006). Evidence is presented that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.
Publication Type
Conference Publication
Source of Publication
Proceedings of EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis
Publisher
Università di Pisa
Place of Publication
Pisa, Italy
HERDC Category Description
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