Journal article | Zeitschriftenartikel

Agricultural Productivity and Convergence: Europe and the United States

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.

Agricultural Productivity and Convergence: Europe and the United States

Urheber*in: Rezitis, Anthony N.

Free access - no reuse

Extent
Seite(n): 1029-1044
Language
Englisch
Notes
Status: Postprint; begutachtet (peer reviewed)

Bibliographic citation
Applied Economics, 42(8)

Subject
Wirtschaft
Wirtschaftssektoren

Event
Geistige Schöpfung
(who)
Rezitis, Anthony N.
Event
Veröffentlichung
(when)
2010

DOI
URN
urn:nbn:de:0168-ssoar-241639
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:27 PM CEST

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Object type

  • Zeitschriftenartikel

Associated

  • Rezitis, Anthony N.

Time of origin

  • 2010

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