Examining the productivity growth of agricultural cooperatives: The biennial malmquist index approach

IF 2.2 Q3 MANAGEMENT
Krishna Prasad Pokharel , Allen M. Featherstone
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引用次数: 11

Abstract

This study examines the productivity of agricultural cooperatives in the United States using the biennial Malmquist productivity index (BMI) under variable returns to scale. The BMI avoids numerical infeasibilities that can occur under the variable returns to scale assumption. The BMI is decomposed into efficiency change and technical change to evaluate the productivity growth of agricultural cooperatives. Overall, agricultural cooperatives increased productivity by 34 % from 2005 to 2014 of which -2 % was technical efficiency change and 37 % was technical change. Technical change was the source of productivity growth rather than efficiency change that actually regressed. Agricultural cooperatives can achieve higher productivity by increasing managerial efficiency and investing in technology. Productivity, efficiency change, and technical change were examined based on the size of agricultural cooperatives. While these measures varied across years, they remained relatively stable across the size of agricultural cooperatives.

考察农业合作社的生产率增长:两年一次的马尔姆奎斯特指数方法
本研究使用两年期Malmquist生产力指数(BMI)在可变规模回报下检验美国农业合作社的生产力。BMI避免了在可变回报规模假设下可能出现的数值上的不可行性。将指数分解为效率变化和技术变化两部分来评价农业合作社的生产率增长。总体而言,从2005年到2014年,农业合作社的生产率提高了34%,其中- 2%是技术效率的变化,37%是技术变化。技术变革是生产率增长的源泉,而不是实际上倒退的效率变革。农业合作社可以通过提高管理效率和技术投资来提高生产率。生产率、效率变化和技术变化是根据农业合作社的规模来研究的。虽然这些措施在不同年份有所不同,但在不同规模的农业合作社中保持相对稳定。
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来源期刊
CiteScore
4.40
自引率
19.00%
发文量
27
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