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Estimation of Agricultural Total Factor Productivity in China: A Panel Cointegration Approach

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  • Wang, Jintian
  • Gao, Feng
  • Wang, Xuezhen

Abstract

This paper uses panel cointegration approach to estimate the agricultural total factor productivity (TFP) from 30 regions from 1978 to 2004 in China. The results of panel unit root find that all inputs and output variables are nonstationary series. Pedroni (1999) panel cointegration tests present the evidence supporting the existence of the long run cointegration relationship. This paper finds the estimator of FMOLS is better than OLS and DOLS. Agricultural total factor productivity is estimated based on Kao and Chiang (2000) panel coefficients estimation.

Suggested Citation

  • Wang, Jintian & Gao, Feng & Wang, Xuezhen, 2009. "Estimation of Agricultural Total Factor Productivity in China: A Panel Cointegration Approach," 2009 Conference, August 16-22, 2009, Beijing, China 50927, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaae09:50927
    DOI: 10.22004/ag.econ.50927
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    References listed on IDEAS

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    2. Fan, Shenggen & Zhang, Linxiu & Zhang, Xiaobo, 2004. "Reforms, Investment, and Poverty in Rural China," Economic Development and Cultural Change, University of Chicago Press, vol. 52(2), pages 395-421, January.
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    7. MG. Ladu, 2006. "Total Factor Productivity Estimates: Some Evidence from European Regions," Working Paper CRENoS 200606, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    8. Shenggen Fan, 1991. "Effects of Technological Change and Institutional Reform on Production Growth in Chinese Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 266-275.
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    3. Imandojemu Kingsley & Joseph E. Tonuchi, 2021. "Contribution to the Empirics of Electricity Blackouts and Productivity in Nigeria," Energy Economics Letters, Asian Economic and Social Society, vol. 8(1), pages 60-69, June.

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    Keywords

    Productivity Analysis;

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