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Title: Measuring Productivity Growth in the Presence of Structural Change
Contributor(s): Holloway, Garth (author); Jones, Philip (author); Hadley, David (author); Fleming, Euan (author)
Publication Date: 2009
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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
Conference Name: EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis, Pisa, Italy, 23rd - 26th June, 2009
Source of Publication: Proceedings of EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis
Publisher: EWEPA
Field of Research (FOR): 070106 Farm Management, Rural Management and Agribusiness
140304 Panel Data Analysis
140201 Agricultural Economics
HERDC Category Description: E2 Non-Refereed Scholarly Conference Publication
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