Total Factor Productivity Change in China’s Agriculture Industry: 1995~2005
WU Yu-hua
Abstract
WU Yu-hua
Abstract
Through a nonparametric Malmquist index approach, this paper has analysed total factor productivity change in China's agriculture industry with provincial panel data from 1995 to 2005, which is decomposed into technical efficiency and technical progress. Results shows that that China's TFP growth performance of the interim changes and there are differences between regions. Technology progress promotes China's agricultural TFP growth which due to agricultural biotechnology development and using agricultural equipment.
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Through a nonparametric Malmquist index approach, this paper has analysed total factor productivity change in China's agriculture industry with provincial panel data from 1995 to 2005, which is decomposed into technical efficiency and technical progress. Results shows that that China's TFP growth performance of the interim changes and there are differences between regions. Technology progress promotes China's agricultural TFP growth which due to agricultural biotechnology development and using agricultural equipment.
Key concepts: Total factor productivity, Malmquist index, Agriculture, China, Technical change, Agricultural economics, Panel data, Productivity