Factor productivity in the Argentinean agriculture

Alberto Herrou Aragón ()
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Revista de Economía y Estadística, 2007, vol. 45, issue 1, 7-29

Abstract: This paper is aimed at investigating the endogeneity of the total factor productivity in the Argentinean agriculture. In a simple model ofendogenous technological change, the implementation of new techniques of production would depend upon sectoral relative prices, and upon the overall endowment of capital and land relative to labor. It is found that the estimations using data covering the years 1939-1984 do not reject the hypothesis of endogeneity of technological change as a function of the aforementioned variables. It is also found that the fiscal deficit negatively affects the implementation of new techniques. The coefficient of labor in the value added of the agricultural sector (cereals and oilseeds, livestock and fisheries) is 0.28 according to the estimates of the 1973 input-output matrix data, a value that is very close to the estimate used in this paper. / El objetivo de este trabajo es investigar la endogeneidad de la productividad factorial en la agricultura argentina. En un modelo de endogeneidad de la implementación de nuevas técnicas de producción, se encuentra que ésta dependería de los precios relativos del sector agropecuario y de las dotaciones de capital y de tierra relativas a la mano de obra. Se encuentra que, con los datos disponibles para los años 1939-1984, las estimaciones no rechazan la hipótesis de endogeneidad del cambio tecnológico como función de las variables mencionadas. Además, se encuentra que el deficit fiscal afecta negativamente el cambio tecnológico.

Keywords: Total factor productivity; available and implemented technologies; cointegrated vector autoregressions; Barttlet correction; eigenvalues (search for similar items in EconPapers)
JEL-codes: C4 F1 O3 Q1 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ief:reveye:v:45:y:2007:i:1:p:7-29

DOI: 10.55444/2451.7321.2007.v45.n1.3834

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