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Productivity Growth in the US Food and Kindred Products Industry

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  • Fousekis, Panos

Abstract

The paper provides estimates of productivity growth in the 4-digit SIC food and beverages manufacturing industries in the US for the period 1986-96 using Balk's (2001) decomposition of the Malmquist productivity index (MPI). The empirical results suggest that for the overwhelming majority of industries productivity changes we driven primarily by technical change and technical efficiency change. A comparison between the Divisia index estimates provided by the US NBER and the MPI estimates shows that they had different distributions and the former were systematically lower than the latter.

Suggested Citation

  • Fousekis, Panos, 2003. "Productivity Growth in the US Food and Kindred Products Industry," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 4(2), pages 1-13, August.
  • Handle: RePEc:ags:aergaa:26443
    DOI: 10.22004/ag.econ.26443
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    References listed on IDEAS

    as
    1. Sanjib Bhuyan & Rigoberto A. Lopez, 1997. "Oligopoly Power in the Food and Tobacco Industries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 1035-1043.
    2. Bert Balk, 2001. "Scale Efficiency and Productivity Change," Journal of Productivity Analysis, Springer, vol. 15(3), pages 159-183, May.
    3. Azzeddine M. Azzam & John R. Schroeter, 1995. "The Tradeoff between Oligopsony Power and Cost Efficiency in Horizontal Consolidation: An Example from Beef Packing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(4), pages 825-836.
    4. Rigoberto Lopez & Azzeddine Azzam & Carmen Lirón-España, 2002. "Market Power and/or Efficiency: A Structural Approach," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 20(2), pages 115-126, March.
    5. repec:bla:econom:v:62:y:1995:i:245:p:89-107 is not listed on IDEAS
    6. Bartelsman, Eric J., 1995. "Of empty boxes: Returns to scale revisited," Economics Letters, Elsevier, vol. 49(1), pages 59-67, July.
    7. Gray, Wayne B, 1987. "The Cost of Regulation: OSHA, EPA and the Productivity Slowdown," American Economic Review, American Economic Association, vol. 77(5), pages 998-1006, December.
    8. Sanjib Bhuyan & Rigoberto A. Lopez, 1998. "Oligopoly Power and Allocative Efficiency in US Food and Tobacco Industries," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(3), pages 434-442, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Ali Chebil & Aymen Frija & Rached Alyani, 2015. "Measurement of Total Factor Productivity and its Determinants: Case of Wheat Sector in Tunisia," Working Papers 943, Economic Research Forum, revised Sep 2015.

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    Keywords

    Productivity Analysis;

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