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http://www.awe.gov.au/ABARES/Pages/exit_site.aspx?link=https://doi.org/10.1111/1467-8489.12137
Resource Name:
http://www.awe.gov.au/ABARES/Pages/exit_site.aspx?link=https://doi.org/10.1111/1467-8489.12137
Resource Type:
External Resource
Metadata
Title:
Resource Reallocation and its Contribution to Productivity Growth in Australian Broadacre Agriculture
Series:
The Australian Journal of Agricultural and Resource Economics
Series Issue:
Issue 1 January 2017
Publication Date:
16/01/2017
Description:
Article released in the Australian Journal of Agricultural and Resources Economics January 2017. Cite as: Sheng Y, Jackson T, Gooday P. Resource reallocation and its contribution to productivity growth in Australian broadacre agriculture. Australian Journal of Agricultural and Resource Economics. January 61(1), pp56-75. https://doi.org/10.1111/1467-8489.12137 This article uses farm survey data to measure the contribution of cross-farm resource reallocation to industry-level productivity growth in Australian broadacre agriculture. We show that resource reallocation between farms mainly occurred between incumbent farms and between farms with different productivity growth. Resource reallocation is estimated to account for around half of the industry-level productivity growth that occurred between 1978 and 2010, and its contribution appears to have increased over time. Moreover, we also show that resource reallocation effects vary across different inputs, partly due to their different mobility. This analysis improves our understanding of how reforms targeting structural adjustment - and the resource reallocation this generates - can influence aggregate productivity growth.
Resource URL Description:
0 : Link to the article on the Australian Journal of Agricultural and Resource Economics website - HTML
Publisher:
John Wiley and Sons
Author:
SHENG Yu

JACKSON Thomas

GOODAY Peter
Right Management:
Use constraints: copyright

Other constraints: Licence type:Copyright

Other constraints: Copyright (c) 2017, John Wiley and Sons
Identifier:
ISSN 1467-8489
Asset Name:
pj_rrcpgd9aap_20180115