Is Trade or Trade Risk Good or Bad to Efficiency and Productivity?

Saleem Shaik

No 252788, 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: The impacts of trade and trade risk on efficiency and productivity of Asia and Sub-Saharan Africa agriculture sector is examined using an extended stochastic frontier analysis econometric model. The extended models links the random and one-sided error term of stochastic frontier analysis to technical efficiency and productivity, respectively. The model estimates primal production function equation, efficiency function equation and productivity function equation, simultaneously. A panel of 17 Asian countries and 32 Sub-Saharan African countries from 1970 to 2010 shows differential impact of trade openness, short-term and long-term trade openness risk on efficiency and productivity.

Keywords: International Relations/Trade; Production Economics; Productivity Analysis; Research Methods/Statistical Methods; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2017-01-18
New Economics Papers: this item is included in nep-eff, nep-int and nep-sea
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea17:252788

DOI: 10.22004/ag.econ.252788

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