SUBSIDIES, ENDOGENOUS TECHNICAL EFFICIENCY AND THE MEASUREMENT OF PRODUCTIVITY GROWTH

The impacts of program subsidy on productivity growth is investigated in this study Mundlak's concept of endogeneity is applied to technical efficiency and generalized within a dual framework. Technology is described by an aggregate cost function while technical efficiency is conditional on a vector of state variables. Empirical evidence from the U.S. dairy sector supports the hypothesis that protectionism, in the form of program subsidy, is the source of considerable technical inefficiencies.


Issue Date:
1994-07
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/15432
PURL Identifier:
http://purl.umn.edu/15432
Published in:
Journal of Agricultural and Applied Economics, 26, 1
Page range:
299-310
Total Pages:
12




 Record created 2017-04-01, last modified 2019-08-26

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