This study measures agricultural total factor productivity (TFP) in Korea and its components such as technological and technical efficiency change by estimating a normal production function and a stochastic frontier production function. Panel data of farm size and type was used to estimate the produ...
This study measures agricultural total factor productivity (TFP) in Korea and its components such as technological and technical efficiency change by estimating a normal production function and a stochastic frontier production function. Panel data of farm size and type was used to estimate the production functions for the period of 2003~2011. As regards to the TFP analysis by farm size, the annual average growth rates of potential TFP and actual TFP have increased 1.34% and 1.16% respectively, while the growth rate after the 2000s has slowed down. Especially in the case of the farm size of more than 7 ha, the annual average growth rate of TFP is the highest. The TFP analysis by farm type shows that average annual growth rates of TFPs in the relatively highly capital-intensive farm types, such as for livestock, special crops, fruits, and flowers, are much higher than that of paddy rice, a land-intentive farm.
KREI의 출판물은 판매 대행사 (정부간행물판매센터)와 아래 서점에서 구입 하실 수 있습니다.
교보문고 | http://www.kyobobook.co.kr/ |
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영풍문고 | http://www.ypbooks.co.kr/ |
알라딘 | http://www.aladin.co.kr/ |
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