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Agricultural and Resource Economics

University of Nebraska - Lincoln

2011

Caribbean

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Agricultural Productivity Growth In Central America And The Caribbean, Ayako Ebata Dec 2011

Agricultural Productivity Growth In Central America And The Caribbean, Ayako Ebata

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This thesis estimates total factor productivity (TFP) growth in the agricultural sector of fourteen regions in Central America and the Caribbean. First, TFP is measured parametrically and non-parametrically, using the Ordinary Least Square (OLS) method and the Maximum Likelihood (ML) method to estimate a translog production function and the Malmquist index approach. Secondly, the thesis incorporates an environmental bad, CO2 emissions from expansion of agricultural land by sacrificing forest area and estimates environmentally adjusted productivity (EAP) growth rates using an output distance function in order to assess how the growth of TFP rates changes when such a bad is …