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University of Nebraska - Lincoln

Department of Agricultural Economics: Faculty Publications

Series

2009

Malmquist index

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Full-Text Articles in Social and Behavioral Sciences

Chinese Regional Agricultural Productivity: 1994-2005, Haizhi Tong, Lilyan E. Fulginiti, Juan P. Sesmero Jul 2009

Chinese Regional Agricultural Productivity: 1994-2005, Haizhi Tong, Lilyan E. Fulginiti, Juan P. Sesmero

Department of Agricultural Economics: Faculty Publications

Agricultural productivity growth in Chinese provinces during the 1994-2005 period is examined using two alternative approaches: a parametric stochastic frontier and a non-parametric Malmquist index. These models are suitable to the Chinese situation due to the existence of procurement prices, quotas, and other interventions that have distorted prices. Results show that there is high but declining productivity growth rates in the mid 1990’s with productivity growth decreasing in the late 1990’s but with a reversal of the trend around 1998 when growth rates start accelerating. A stochastic frontier translog production function is estimated to obtain an alternative measure of total …