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Is Trade or Trade Risk Good or Bad to Efficiency and Productivity?

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  • Shaik, Saleem

Abstract

The impacts of trade and trade risk on efficiency and productivity of Asia and Sub-Saharan Africa agriculture sector is examined using an extended stochastic frontier analysis econometric model. The extended models links the random and one-sided error term of stochastic frontier analysis to technical efficiency and productivity, respectively. The model estimates primal production function equation, efficiency function equation and productivity function equation, simultaneously. A panel of 17 Asian countries and 32 Sub-Saharan African countries from 1970 to 2010 shows differential impact of trade openness, short-term and long-term trade openness risk on efficiency and productivity.

Suggested Citation

  • Shaik, Saleem, 2017. "Is Trade or Trade Risk Good or Bad to Efficiency and Productivity?," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252788, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea17:252788
    DOI: 10.22004/ag.econ.252788
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    References listed on IDEAS

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    Cited by:

    1. Mancal, A. & Barros, G., 2018. "Determinants of West African international agricultural trade," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277203, International Association of Agricultural Economists.

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    Keywords

    International Relations/Trade; Production Economics; Productivity Analysis; Research Methods/ Statistical Methods; Risk and Uncertainty;
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