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Friday 24 March 2017

Total Factor Productivity and Sources of Growth in the Dairy Sector

Author
Robbin Shoemaker and Agapi Somwaru (agapi.somwaru@gmail.com)

Abstract: One would expect to find differences in total factor productivity (TFP) associated with factor allocation, given the technological change m the dairy sector over time and the regional disparity of regulations affecting production The authors use a National Income and Product Accounting procedure to calculate total income and product, TFP, and sources of growth for seven dairy States m different regions The average TFP growth for the seven States was 2 5 percent per year Florida and California had higher TFP growth rates, but interspatial TFP estimates indicated Wisconsin and New York had greater relative TFP levels in both 1978 and 1982
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