Abstract: In this paper, we estimate agricultural productivity change at country level based on the same data employed by the United States Department of Agriculture (USDA), the current reference data source, using a stochastic frontier model instead of the growth accounting method. The use of a stochastic frontier model is motivated by the opportunity to overcome the limitation of USDA estimates which rely on approximated and imputed input cost shares, and of the growth accounting method in general, which ignores technical inefficiency. We found that, i...
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Topics: 
Econometrics