Contributions of Productivity and Relative Price Changes to Wheat Profitability Changes in China

International Journal of Engineering and Management Research

View Publication Info
 
 
Field Value
 
Title Contributions of Productivity and Relative Price Changes to Wheat Profitability Changes in China
 
Creator Li Xiu-Shuang
Irfan Mir Chohan
Yu Kang
 
Subject Profitability
Total Factor Productivity
Relative Price Change
Färe-Primont Index
Data Envelopment Analysis
 
Description Using the provincial panel data of wheat from 1998 to 2018, based on the total price and quantity framework proposed by O'Donnell(2010), and using Färe-Primont productivity index, this artical decomposes the change of wheat profitability into the change of input-output relative price (TT) and the change of total factor productivity (TFP), and further decomposes the change of TFP into technological progress and efficiency change based on input orientation. The results showed that the overall profitability of wheat decreased by 24.9% compared with 1998, which was attributed to the decrease of TT by 32.6% and the increase of TFP by 11.4%. Results indicate that profitability change is mainly driven by TT change, and the impact of TT change on wheat profitability was alleviated by the compensatory change of TFP. The main driving factor of wheat TFP growth is technical progress, Compared with the growth of technical progress, the technical efficiency grows slowly.
 
Publisher Vandana Publications
 
Date 2021-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ijemr.net/ojs/index.php/ojs/article/view/932
10.31033/ijemr.11.4.34
 
Source International Journal of Engineering and Management Research; Vol. 11 No. 4 (2021): August Issue; 263-272
2250-0758
2394-6962
 
Language eng
 
Relation https://www.ijemr.net/ojs/index.php/ojs/article/view/932/943
 
Rights Copyright (c) 2021 International Journal of Engineering and Management Research
https://creativecommons.org/licenses/by-nc-nd/4.0
 

Contact Us

The PKP Index is an initiative of the Public Knowledge Project.

For PKP Publishing Services please use the PKP|PS contact form.

For support with PKP software we encourage users to consult our wiki for documentation and search our support forums.

For any other correspondence feel free to contact us using the PKP contact form.

Find Us

Twitter

Copyright © 2015-2018 Simon Fraser University Library