Price Protection and Productivity Growth

Nicholas G. Kalaitzandonakes

American Journal of Agricultural Economics, 1994, vol. 76, issue 4, 722-732

Abstract: This study provides empirical evidence on the relationship between price protection and productivity growth. From theoretical considerations, it is concluded that the impact of price protection on productivity growth is ambiguous. Although protectionism may in some instances stimulate investment and adoption of new technologies, efficiency may decrease, particularly when farm prices and income are high. Empirical evidence from the New Zealand beef/sheep industry indicates that high protection during the 1975–85 period produced negative productivity growth. Following market liberalization in 1985, productivity growth increased substantially.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.2307/1243734 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:76:y:1994:i:4:p:722-732.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().