scholarly journals Corrigendum: Climatic effects and total factor productivity: econometric evidence for Wisconsin dairy farms

2020 ◽  
Vol 47 (2) ◽  
pp. 848-848
Author(s):  
Eric Njuki ◽  
Boris E Bravo-Ureta ◽  
Víctor E Cabrera
Keyword(s):  
Total Factor Productivity ◽  
Dairy Farms ◽  
Factor Productivity ◽  
Climatic Effects ◽  
Econometric Evidence

scholarly journals Climatic effects and total factor productivity: econometric evidence for Wisconsin dairy farms

2020 ◽  
Vol 47 (3) ◽  
pp. 1276-1301
Author(s):  
Eric Njuki ◽  
Boris E Bravo-Ureta ◽  
Víctor E Cabrera
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Climate Adaptation ◽  
Productivity Index ◽  
Factor Productivity ◽  
Stochastic Production Frontier ◽  
Climate Trends ◽  
Climatic Effects ◽  
Cross Sectional ◽  
Long Run

Abstract This study exploits temporal and cross-sectional variation in weather and long-run climate trends to investigate their effects on farm-level productivity. Using panel data for a sample of Wisconsin dairy producers, three stochastic production frontier models are estimated and a random parameters approach is chosen as the most desirable, which accounts for stochastic observed and unobserved environmental factors. The estimated coefficients are used to decompose a multiplicative total factor productivity index that accounts for different sources of productivity growth. Annual productivity growth is estimated at 2.16 per cent, driven primarily by technical progress (1.91 per cent per annum). The average per year contribution of the other productivity components is: climate adaptation efforts −0.31 per cent; scale-mix efficiency change +0.13 per cent and technical efficiency +0.05 per cent.

scholarly journals Measuring total factor productivity on Irish dairy farms: a Fisher index approach using farm-level data

2020 ◽  
Author(s):  
M. McCormack ◽  
F. Thorne ◽  
K. Hanrahan
Keyword(s):  
Total Factor Productivity ◽  
Dairy Farms ◽  
Factor Productivity ◽  
Quota System ◽  
Environmental Pressures ◽  
Agricultural Output ◽  
Level Data ◽  
Index Approach ◽  
Future Data ◽  
Index Measure

This paper presents a Fisher index measure of the total factor productivity (TFP) performance of Irish dairy farms over the period 2006–2016 using the Teagasc National Farm Survey (NFS) data. The removal of milk quotas in 2015 has led to an increase of over 30% in dairy cow numbers since 2010, and although suckler cow numbers have dropped slightly, the total number of cows in Ireland reached an all-time high of 2.5 million head in 2016. This large increase adds to the environmental pressures attributed to agricultural output and puts the focus firmly on how efficiently the additional agricultural output associated with higher cow numbers is produced. The primary purpose of this paper is to identify a standardised measure of the TFP performance of Irish dairy farms that can be routinely updated using Teagasc NFS data. We found that relative to 2010 the TFP of Irish dairy farms has increased by almost 18%; however, in one production year 2015, when milk quota was removed, the TFP measure increased by 7% and TFP continued to grow by 2.5% in the production year 2016. It would seem therefore that the removal of the European dairy quota system has resulted in a windfall gain for Irish dairy farmers but that productivity gains are continuing. Future data will be required to investigate the longer-term TFP performance of Irish dairy farms in the post-milk quota era.

An Estimation of Total Factor Productivity and its Determinants among Peri-Urban Dairy Farms of Odisha

2020 ◽  
pp. 467-471
Keyword(s):  
Total Factor Productivity ◽  
Coastal Plain ◽  
Dairy Farms ◽  
Herd Size ◽  
Factor Productivity ◽  
Cross Sectional ◽  
Crossbred Cows ◽  
Large Farms ◽  
Productivity Ratio ◽  
Crossbred Cow

The study was conducted in East and South-eastern coastal plain zone of Odisha. Total factor productivity (TFP) in milk production and its determinants were estimated using cross-sectional data obtained from 120 sampled peri-urban dairy farms. The study revealed that TFP was highest for large farms (0.2801) and crossbred cows (0.1328) which meant increase in scale of production and adoption of crossbred cow would be helpful increasing productivity of dairy farms. Herd size and productivity ratio were found to be significantly affecting TFP. An increasing herd size by adopting a greater number of crossbred cows and a proper balanced nutrition would ultimately enhance the productivity of peri-urban dairy farms in Odisha.

An Analysis of Total Factor Productivity, Factor demand, and Profit of India’s Agriculture

2015 ◽  
Vol 6 (2) ◽  
pp. 360-370
Author(s):  
Sharmistha Nag ◽  
Debarpita Roy ◽  
Laxmi Joshi ◽  
P. C. Parida ◽  
Hari K. Nagarajan
Keyword(s):  
Total Factor Productivity ◽  
Factor Productivity ◽  
Factor Demand ◽  
Productivity Factor
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