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Title: Measuring productivity change using alternative input-output concepts: A farm level application using FADN data.
Authors: DE MEY, Yann 
van Winsen, Frankwin
Wauters, Erwin
Lauwers, Ludwig
Issue Date: 2013
Source: International Agricultural Trade Research Consortium (IATRC) Symposium, Sevilla, June 2-4, 2013
Abstract: Multifactor productivity growth measures can be constructed using different input–output concepts. We estimate three distinct productivity growth measures respectively based on gross output, value added, and cash flow and discuss their economic interpretation. By making use of an index theory based decomposition model, we deviate from making neo-classical assumptions and acknowledge the role of profits. Applying the productivity growth index framework to farm level Flemish FADN data (1990–2003), we show that the estimated percentage growth of productivity is sensitive to the input–output concept under consideration. The empirical practicability of these complementary productivity growth measures depends on the purpose of measurement.
Keywords: index; input–output; MFP; productivity analysis; profits
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Rights: Copyright 2013 by [authors]. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies.
Category: C2
Type: Conference Material
Appears in Collections:Research publications

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