MEASURING PRODUCTIVITY CHANGE UNDER DIFFERENT LEVELS OF ASSISTANCE: THE AUSTRALIAN DAIRY INDUSTRY

Philip Knopke

Australian Journal of Agricultural Economics, 1988, vol. 32, issue 2-3, 16

Abstract: The effects of different levels of protection on productivity measures are frequently ignored in economic analysis. In this paper. a procedure is developed to net out the effects of non-marginal cost pricing on the traditional Tornqvist productivity measure. Total factor productivity in the dairy industry is estimated to have grown at a 1.5 per cent annual rate over the period 1967-68 to 1982-83. A state and regional analysis of the dairy industry showed that the Victorian industry had outperformed the New South Wales industry, a factor that was attributed to major policy differences between the two states.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22960

DOI: 10.22004/ag.econ.22960

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