Total Factor Productivity in Thai Agriculture Measurement and Determinants

Waleerat Suphannachart (waleerat.s@ku.th) and Peter Warr

No 201001, Working Papers from Kasetsart University, Department of Agricultural and Resource Economics

Abstract: This paper studies total factor productivity (TFP) in Thai agriculture to provide better empirical evidence on the TFP measure and the factors influencing it. It employs time-series data at an aggregate level over the period 1970-2006 for both crops and livestock,individually, using the conventional growth accounting framework. The TFP measures are then used to investigate their determinants using the error correction modeling technique. The results confirm the general expectation from previous studies that TFP makes an important contribution to output growth and that agricultural research plays an important role in determining TFP in both the crop and livestock sectors.

Keywords: total factor productivity; TFP decomposition; Thai agriculture (search for similar items in EconPapers)
JEL-codes: O40 Q19 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2010-04
New Economics Papers: this item is included in nep-agr and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published in ARE Working Paper No. 2553/1 (April 2010)

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Working Paper: Total Factor Productivity in Thai Agriculture: Measurement and Determinants (2010)
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