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Total Factor Productivity And The Bio Economy Effects

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  • Zúniga-González, Carlos Alberto

Abstract

This paper develops a new measure of total factor productivity growth in agricultural Production which incorporates Bio Economic components effects. The new measure is called the Bio Economic-Oriented Total Factor Productivity (BTFP) index, and incorporates components of Bio Economic as liquids biofuels. BTFP measure changes in Bio Economic efficiency and can be decomposed into bio economy efficiency change (BEC), and Bio Economic technological change (BTC) components. An empirical analysis, involving 7 Central American countries-level during 1980-2007, is provided using DEA methods. The results show an annual growth in bio economy total factor bio economy productivity growth of 1.1 percent, with bio economy efficiency change (or bio economy catch-up) contributing 0.03 percent per year and bio economy technical change (or bio ethanol frontier-shift) providing 0.09 percent.

Suggested Citation

  • Zúniga-González, Carlos Alberto, 2012. "Total Factor Productivity And The Bio Economy Effects," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 122939, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaae12:122939
    DOI: 10.22004/ag.econ.122939
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    Cited by:

    1. Blanco Orozco, Napoleón Vicente & Zuniga Gonzalez, Carlos Alberto, 2013. "Environmental Bio Economic Impact in Nicaragua," MPRA Paper 49357, University Library of Munich, Germany, revised 12 Jun 2013.
    2. Esposti, Roberto, 2012. "Knowledge, Technology and Innovations for a Bio-based Economy: Lessons from the Past, Challenges for the Future," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 1(3), pages 1-34, December.
    3. Alexandra Zbuchea & Florina Pînzaru & Mihail Busu & Sergiu-Octavian Stan & Alina Bârgăoanu, 2019. "Sustainable Knowledge Management and Its Impact on the Performances of Biotechnology Organizations," Sustainability, MDPI, Open Access Journal, vol. 11(2), pages 1-20, January.
    4. Blanco Orozco, Napoleón Vicente & Zuniga Gonzalez, Carlos Alberto, 2013. "Productivity Analysis in Power Generation Plants Connected to the National Grid: A New Case of Bio Economy in Nicaragua," MPRA Paper 49356, University Library of Munich, Germany, revised 25 Feb 2013.

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    More about this item

    Keywords

    Productivity Analysis;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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