Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/4434
Title: Bayes inference about productivity in the presence of structural change
Contributor(s): Jones, Philip (author); Fleming, Euan  (author); Hadley, David (author); Holloway, Garth (author)
Publication Date: 2009
Handle Link: https://hdl.handle.net/1959.11/4434
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); 'Journal of Agricultural Economics' 57:81-100. We find evidence that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.
Publication Type: Journal Article
Source of Publication: Aspects of Applied Biology, v.93, p. 235-240
Publisher: Association of Applied Biologists
Place of Publication: Wellesbourne, Warwick, UK
ISSN: 0265-1491
Field of Research (FOR): 070105 Agricultural Systems Analysis and Modelling
140302 Econometric and Statistical Methods
140201 Agricultural Economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
Other Links: http://www.aab.org.uk/contentok.php?id=362
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