IDEAS home Printed from https://ideas.repec.org/a/dse/indecr/v39y2004i1p31-53.html
   My bibliography  Save this article

Estimation of Factor Augmenting Technical Change: The Case of US Agriculture

Author

Listed:
  • Subal C. Kumbhakar

    (Department of Economics, State University of New York at Binghamton, Binghamton, NY 13902, USA)

Abstract

This paper deals with estimation of technical change through changes in input factor efficiency/productivity. The main advantage of this factor augmenting (FA) approach, unlike the generic time trend models of technical change, is that one can measure input-specific productivity, change in input productivity, and the contribution of each input to overall (aggregate) technical change. In general, one can obtain more information about the nature of technical change from the FA approach compared to the popular time trend models. We model FA technical change in both primal and dual setups. In the dual approach we consider both cost and profit functions in the single and multiple output cases. Output efficiency factors are also added in the multiple output FA cost function model. Time series and panel (state level) data from U.S. agriculture are used to estimate several FA cost function models. The standard time trend models are also estimated using both the data sets. A translog cost system is used for all the specifications. Finally, results from alternative models are analyzed. JEL Classification: 030

Suggested Citation

  • Subal C. Kumbhakar, 2004. "Estimation of Factor Augmenting Technical Change: The Case of US Agriculture," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 39(1), pages 31-53, January.
  • Handle: RePEc:dse:indecr:v:39:y:2004:i:1:p:31-53
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dse:indecr:v:39:y:2004:i:1:p:31-53. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pami Dua). General contact details of provider: http://edirc.repec.org/data/deudein.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.