Institutions and Agricultural Productivity in Mercosur

Preeti Bharati and Lilyan Fulginiti

MPRA Paper from University Library of Munich, Germany

Abstract: We revisit earlier estimates of agricultural productivity in original Mercosur member countries and later associates: Argentina, Brazil, Paraguay, Uruguay, Chile, Bolivia, Colombia, Ecuador, Peru and Venezuela, for 1972-2002. We estimate a translog frontier production function and revise our earlier estimates as well as those of others that indicated declining agricultural productivity. We find that the average rate for the region was a strong 2.25 percent. All the member countries experienced positive agricultural productivity growth for the sample period with Brazil being the fastest gainer. Institutions such as investments in public health and in public agricultural R&D, as well as an economic environment conducive to trade with the rest of the world are associated to differential performance across countries.

Keywords: agricultural productivity; Mercosur; institutions; stochastic frontier (search for similar items in EconPapers)
JEL-codes: O4 Q16 (search for similar items in EconPapers)
Date: 2007-10-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/9669/1/MPRA_paper_9669.pdf original version (application/pdf)

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:pra:mprapa:9669

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().