Measuring Productivity Growth in Australian Broadacre Agriculture

22 Pages Posted: 19 Apr 2012

See all articles by John D. Mullen

John D. Mullen

Government of New South Wales - Department of Primary Industries

Thomas L. Cox

University of Wisconsin - Madison - Department of Agricultural & Applied Economics

Date Written: December 1996

Abstract

An important source of growth for Australian broadacre agriculture has been technical progress. We compare alternative measures of productivity growth including the traditional Tornqvist‐Thiel total factor productivity index; variants of this approach that allow decreasing returns to scale; the Fisher ideal index; other nonparametric measures that do not impose particular functional forms and an econometric estimate from a translog industry cost function. The annual growth in productivity in broadacre agriculture over the period from 1953 to 1994 was in the range of 2.4 to 2.6 per cent and hence was quite robust to measurement technique.

Suggested Citation

Mullen, John D. and Cox, Thomas L., Measuring Productivity Growth in Australian Broadacre Agriculture (December 1996). Australian Journal of Agricultural and Resource Economics, Vol. 40, Issue 3, pp. 189-210, 1996, Available at SSRN: https://ssrn.com/abstract=2042397 or http://dx.doi.org/10.1111/j.1467-8489.1996.tb00594.x

John D. Mullen (Contact Author)

Government of New South Wales - Department of Primary Industries ( email )

Locked Bag 21
Orange NSW 2800
Australia
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HOME PAGE: http://www.agric.nsw.gov.au/reader/economics-research-reports/err-14-r-and-e-capabilities.pdf?MIvalO

Thomas L. Cox

University of Wisconsin - Madison - Department of Agricultural & Applied Economics ( email )

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Madison, WI 53706-1503
United States
608-262-9493 (Phone)

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