MEASURING PRODUCTIVITY CHANGE UNDER DIFFERENT LEVELS OF ASSISTANCE: THE AUSTRALIAN DAIRY INDUSTRY Report as inadecuate




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The effects of different levels of protection on productivity measures are frequently ignored in economic analysis. In this paper. a procedure is developed to net out the effects of non-marginal cost pricing on the traditional Tornqvist productivity measure. Total factor productivity in the dairy industry is estimated to have grown at a 1.5 per cent annual rate over the period 1967-68 to 1982-83. A state and regional analysis of the dairy industry showed that the Victorian industry had outperformed the New South Wales industry, a factor that was attributed to major policy differences between the two states.

Subject(s): Livestock Production/Industries

Issue Date: 1988-08

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/22960 Published in: Australian Journal of Agricultural Economics, Volume 32, Number 2-3 Page range: 113-128

Total Pages: 16

Record appears in: Australian Agricultural and Resource Economics Society (AARES) > Australian Journal of Agricultural Economics





Author: Knopke, Philip

Source: http://ageconsearch.umn.edu/record/22960?ln=en







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