Total factor productivity and Bio Economy effects

Carlos Alberto Zuniga Gonzalez
Authors registered in the RePEc Author Service: C. A. Zúniga-González Sr. ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper develops a new measure of total factor productivity growth in agricultural Production which incorporates Bio Economic components effects.The new measure is called the Bio Economic-Oriented Total Factor Productivity (BTFP) index, and incorporates components of Bio Economic as liquid biofuels. BTFP measure changes in Bio Economic efficiency and can be decomposed into bio economy efficiency change (BEC), and Bio Economic technological change (BTC) components.An empirical analysis, involving 7 Central American countries-level during 1980-2007, is provided using DEA methods. The results have shown a positive annual growth in bio economy total factor productivity of 1.1 percent. This change is explained by 0.03 percent per year in the bio economy efficiency change (or bio economy catch-up) and bio economy technical change (or bio ethanol frontier-shift) is providing 0.09 percent.

Keywords: Bio Economy Total Factor Productivity Growth; Malmquist Index; Data Envelopment Analysis; Bio-Economy; Bio-Ethanol (search for similar items in EconPapers)
JEL-codes: D24 O13 O47 P51 Q10 (search for similar items in EconPapers)
Date: 2012-04-24, Revised 2012-11-13
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Journal of Agricultural Studies 1.1(2012): pp. 1-29

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Related works:
Working Paper: TOTAL FACTOR PRODUCTIVITY AND THE BIO ECONOMY EFFECTS (2012)
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