Interstate Comparison of Output and Productivity in the Australian Agricultural Sector, 1991 to 1999
The paper examines the output and productivity performance of the Australian Agriculture sector by state from 1991 to 1999. The aim of the paper is two-fold. First, the paper is a pioneer in a series which compares the performance of each Australian state by sector starting with the Agriculture sector. Second, it introduces the Geary-Khamis (GK) method for derivation of appropriate currency converters or purchasing power parities (PPPs) to enable proper quantification of real output and productivity at the multilateral level. It is essential to use appropriate PPPs as the differences in prices of farm commodities across states pose the problem of aggregation of real output. For the benchmark year 1996-97, gross value of agricultural production reveal that Victoria was 73% of NSW level, based on Australian Bureau of Statistics data when price differentials are not taken into consideration. However, when appropriate PPPs were used, results showed that Victoria’s level had gone up to 88% of NSW level. In terms of value added, Victoria’s level with respect to NSW was 89% based on actual values and 106% based on Geary-Khamis PPPs.
|Date of creation:||20 Sep 2003|
|Date of revision:|
|Contact details of provider:|| Postal: GPO Box 2434, BRISBANE QLD 4001|
Web page: http://www.bus.qut.edu.au/faculty/economics/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Strappazzon, L. & Mullen, J.D. & Cox, T.L., 1996. "Comparing Measures of Productivity Growth for Australian Broadacre Agriculture," 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia 156457, Australian Agricultural and Resource Economics Society.
- Mullen, John D. & Cox, Thomas L., 1996. "Measuring Productivity Growth In Australian Broadacre Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(03), December.
When requesting a correction, please mention this item's handle: RePEc:qut:dpaper:161. 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: (Angela Fletcher)
If references are entirely missing, you can add them using this form.