The total factor productivity in China and India: New measures and approaches

This paper aims to measure and compare agricultural total factor productivity (TFP) growth in China and India and relates TFP growth in each country to policy milestones and investment in agricultural research.TFP is measured using a non‐parametric Malmquist index which allows the decomposition of T...

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Autores principales: Nin-Pratt, Alejandro, Yu, Bingxin, Fan, Shenggen
Formato: Journal Article
Lenguaje:Inglés
Publicado: Emerald Publishing Limited 2009
Materias:
Acceso en línea:https://hdl.handle.net/10568/162360
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author Nin-Pratt, Alejandro
Yu, Bingxin
Fan, Shenggen
author_browse Fan, Shenggen
Nin-Pratt, Alejandro
Yu, Bingxin
author_facet Nin-Pratt, Alejandro
Yu, Bingxin
Fan, Shenggen
author_sort Nin-Pratt, Alejandro
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper aims to measure and compare agricultural total factor productivity (TFP) growth in China and India and relates TFP growth in each country to policy milestones and investment in agricultural research.TFP is measured using a non‐parametric Malmquist index which allows the decomposition of TFP growth into its components: efficiency and technical change.Comparing TFP growth in China and India it is found that efficiency improvement played a dominant role in promoting TFP growth in China, while technical change has also contributed positively. In India, the major source of productivity improvement came from technical change, as efficiency barely changed over the last three decades, which explains lower TFP growth than in China. Agricultural research has significantly contributed to improve agricultural productivity in both China and India. Even today, returns to agricultural R&D investments are very high, with benefit/cost ratios ranging from 20.7 to 9.6 in China and from 29.6 to 14.8 in India.The applied methodology and the comparison between TFP growth patterns contribute to a better understanding of the consequences that the different approaches to agricultural reform followed by China and India had on the performance of agriculture in both countries.
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publishDate 2009
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spelling CGSpace1623602025-12-08T10:29:22Z The total factor productivity in China and India: New measures and approaches Nin-Pratt, Alejandro Yu, Bingxin Fan, Shenggen agriculture productivity This paper aims to measure and compare agricultural total factor productivity (TFP) growth in China and India and relates TFP growth in each country to policy milestones and investment in agricultural research.TFP is measured using a non‐parametric Malmquist index which allows the decomposition of TFP growth into its components: efficiency and technical change.Comparing TFP growth in China and India it is found that efficiency improvement played a dominant role in promoting TFP growth in China, while technical change has also contributed positively. In India, the major source of productivity improvement came from technical change, as efficiency barely changed over the last three decades, which explains lower TFP growth than in China. Agricultural research has significantly contributed to improve agricultural productivity in both China and India. Even today, returns to agricultural R&D investments are very high, with benefit/cost ratios ranging from 20.7 to 9.6 in China and from 29.6 to 14.8 in India.The applied methodology and the comparison between TFP growth patterns contribute to a better understanding of the consequences that the different approaches to agricultural reform followed by China and India had on the performance of agriculture in both countries. 2009 2024-11-21T10:02:35Z 2024-11-21T10:02:35Z Journal Article https://hdl.handle.net/10568/162360 en https://doi.org/10.1007/s11123-009-0156-4 Limited Access Emerald Publishing Limited Nin-Pratt, Alejandro; Yu, Bingxin; Fan, Shenggen. 2009. The total factor productivity in China and India. China Agricultural Economic Review China Agricultural Economic Review 1(1): 9-22
spellingShingle agriculture
productivity
Nin-Pratt, Alejandro
Yu, Bingxin
Fan, Shenggen
The total factor productivity in China and India: New measures and approaches
title The total factor productivity in China and India: New measures and approaches
title_full The total factor productivity in China and India: New measures and approaches
title_fullStr The total factor productivity in China and India: New measures and approaches
title_full_unstemmed The total factor productivity in China and India: New measures and approaches
title_short The total factor productivity in China and India: New measures and approaches
title_sort total factor productivity in china and india new measures and approaches
topic agriculture
productivity
url https://hdl.handle.net/10568/162360
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