Measuring Productivity Growth in the Presence of Structural Change

Garth Holloway; Philip Jones; David Hadley; Euan Fleming

Measuring Productivity Growth in the Presence of Structural Change

Garth Holloway, Philip Jones, David Hadley, Euan Fleming

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Abstract

This study highlights the usefulness, versatility and general dexterity of an extremely robust methodology for assessing structural change in agriculture. The methodology is the multiple change point model estimator developed by Chib (1998). Despite its appeal it has, until now, remained hitherto unexploited in agricultural economics. We modify slightly the seminal prototype in Chib (1998) to embrace a rich set of rotating panel observations on agricultural cereals enterprises as assessed previously by Hadley (2006). Evidence is presented that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.

Original language	English
Publication status	Published - 2009
Event	EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis - Pisa, Italy Duration: 23 Jun 2009 → 26 Jun 2009

Conference

Conference	EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis
City	Pisa, Italy
Period	23/06/09 → 26/06/09

Keywords

Farm Management, Rural Management and Agribusiness
Agricultural Economics
Panel Data Analysis

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title = "Measuring Productivity Growth in the Presence of Structural Change",

abstract = "This study highlights the usefulness, versatility and general dexterity of an extremely robust methodology for assessing structural change in agriculture. The methodology is the multiple change point model estimator developed by Chib (1998). Despite its appeal it has, until now, remained hitherto unexploited in agricultural economics. We modify slightly the seminal prototype in Chib (1998) to embrace a rich set of rotating panel observations on agricultural cereals enterprises as assessed previously by Hadley (2006). Evidence is presented that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.",

keywords = "Farm Management, Rural Management and Agribusiness, Agricultural Economics, Panel Data Analysis",

author = "Garth Holloway and Philip Jones and David Hadley and Euan Fleming",

year = "2009",

language = "English",

note = "EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis ; Conference date: 23-06-2009 Through 26-06-2009",

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TY - CONF

T1 - Measuring Productivity Growth in the Presence of Structural Change

AU - Holloway, Garth

AU - Jones, Philip

AU - Hadley, David

AU - Fleming, Euan

PY - 2009

Y1 - 2009

N2 - This study highlights the usefulness, versatility and general dexterity of an extremely robust methodology for assessing structural change in agriculture. The methodology is the multiple change point model estimator developed by Chib (1998). Despite its appeal it has, until now, remained hitherto unexploited in agricultural economics. We modify slightly the seminal prototype in Chib (1998) to embrace a rich set of rotating panel observations on agricultural cereals enterprises as assessed previously by Hadley (2006). Evidence is presented that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.

AB - This study highlights the usefulness, versatility and general dexterity of an extremely robust methodology for assessing structural change in agriculture. The methodology is the multiple change point model estimator developed by Chib (1998). Despite its appeal it has, until now, remained hitherto unexploited in agricultural economics. We modify slightly the seminal prototype in Chib (1998) to embrace a rich set of rotating panel observations on agricultural cereals enterprises as assessed previously by Hadley (2006). Evidence is presented that multiple structural change occurred throughout the consecutive sample periods 1983:1986, 1989:1997, and 2000:2002.

KW - Farm Management, Rural Management and Agribusiness

KW - Agricultural Economics

KW - Panel Data Analysis

UR - http://www.ewepa.org/

UR - http://www.ewepa.org/docs/ConferenceProgram_EWEPA2009.pdf

M3 - Paper

T2 - EWEPA 2009: XI European Workshop on Efficiency and Productivity Analysis

Y2 - 23 June 2009 through 26 June 2009

ER -

Measuring Productivity Growth in the Presence of Structural Change

Abstract

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Keywords

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