Total Agricultural Factor Productivity of Hebei Province Based on Malmquist Index
Wang Ya-ku
Abstract
Wang Ya-ku
Abstract
Measuring total factor productivity is a widely used method of measuring technical progress and technical efficiency. Nonparametric Malmquist productivity index method was used to calculate the total factor productivity of agriculture in Hebei province during 1993-2011. The measuring results were broken down. Results showed that the total factor productivity in hebei province increased on the whole. Total factor productivity of agriculture in Hebei province during 1993-2011 had average annual growth of 2.1%. The technical efficiency grew by an average of 2.9% a year, with slow growth and the differences among the cities.
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Measuring total factor productivity is a widely used method of measuring technical progress and technical efficiency. Nonparametric Malmquist productivity index method was used to calculate the total factor productivity of agriculture in Hebei province during 1993-2011. The measuring results were broken down. Results showed that the total factor productivity in hebei province increased on the whole. Total factor productivity of agriculture in Hebei province during 1993-2011 had average annual growth of 2.1%. The technical efficiency grew by an average of 2.9% a year, with slow growth and the differences among the cities.
Key concepts: Total factor productivity, Malmquist index, Productivity, Agricultural productivity, Index (typography), Agriculture, Agricultural economics, Technical change