000100565 001__ 100565
000100565 005__ 20180122214847.0
000100565 037__ $$a422-2016-26866
000100565 041__ $$aen
000100565 260__ $$c2011
000100565 269__ $$a2011
000100565 270__ $$mnazrul.islam@agric.wa.gov.au$$pIslam,   Nazrul
000100565 300__ $$a16
000100565 336__ $$aConference Paper/ Presentation
000100565 520__ $$aThis paper examines broadacre farm performance in south-western Australia. This
region has experienced pronounced climate variability and volatile commodity
prices over the last decade or so. Relationships between productivity and
profitability are explored using panel data from 50 farms in the study region. The
data are analysed using non-parametric methods. Components of farm
productivity and profitability are measured over the period 1998 to 2008.
Economies of scale and scope are shown often to be positive contributors to
productivity and profitability. However, the main finding is that technical change,
much more so than technical efficiency, has supplied over 68 percent of the
improvement in total factor productivity for farms in the different climatic zones
of the region from 1998 to 2008. In addition, growth in total factor productivity is
the main contributor to farm profitability. By implication, technical change, often
accompanied by scale and mix efficiencies, is the main driver of farm
profitability. These findings indicate a vital role for innovation and R,D&E to
deliver technologies and practices that bolster farm profitability, as well as a
continuing role for scale and scope economies. The products and knowledge that
come from innovation and R,D&E are the springboard for technical change.
Through technical change and scale and scope efficiencies farmers in this study
have achieved higher profits.
000100565 542__ $$fLicense granted by Megan Watmuff (megan@aomevents.com) on 2011-02-22T03:27:44Z (GMT):

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000100565 650__ $$aFarm Management
000100565 650__ $$aProductivity Analysis
000100565 650__ $$aResearch and Development/Tech Change/Emerging Technologies
000100565 6531_ $$aProductivity
000100565 6531_ $$aProfitability
000100565 6531_ $$aTechnical change
000100565 6531_ $$aFarm businesses
000100565 700__ $$aIslam, Nazrul
000100565 700__ $$aXayavong, Vilaphonh
000100565 700__ $$aKingwell, Ross S.
000100565 8564_ $$s609422$$uhttp://ageconsearch.umn.edu/record/100565/files/Islam_Xayavong_Kingwelll_Productivity_Paper%20AARES_Conf_2011.pdf
000100565 887__ $$ahttp://purl.umn.edu/100565
000100565 909CO $$ooai:ageconsearch.umn.edu:100565$$pGLOBAL_SET
000100565 912__ $$nSubmitted by Megan Watmuff (megan@aomevents.com) on 2011-02-22T03:29:37Z
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  Previous issue date: 2011
000100565 982__ $$gAustralian Agricultural and Resource Economics Society>2011 Conference (55th), February 8-11, 2011, Melbourne, Australia
000100565 980__ $$a422