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Title: Variations in regional productivity in Australian wool production
Contributor(s): Villano, Renato  (author)orcid ; Fleming, Euan  (author); Fleming, Pauline A (author)
Publication Date: 2012
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Abstract: We estimate total factor productivity in wool production spatially across benchmarked farms in four climatic areas in Eastern Australia. Estimates are decomposed into an environment-technology gap and technical efficiency relative to the production possibilities in each area. The environment-technology gap reflects the regional differences in the environment and variations in production technologies used in the wool enterprise. Significant gaps are found to exist between areas but they are relatively small in magnitude, emphasising the adaptability of the wool enterprise to environmental variability. Technical inefficiencies are also present in all areas but are larger among farmers who do not regularly receive consultancy advice in the benchmarking group. There is little variation in mean total factor productivity between the climatic areas.
Publication Type: Journal Article
Source of Publication: Australian Farm Business Management Journal, 9(2), p. 1-12
Publisher: Charles Sturt University
Place of Publication: Orange, Australia
ISSN: 1449-5937
Field of Research (FOR): 070105 Agricultural Systems Analysis and Modelling
140201 Agricultural Economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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