Agric. Econ. - Czech, 2015, 61(12):543-551 | DOI: 10.17221/14/2015-AGRICECON
Factors determining TFP changes in Czech agricultureOriginal Paper
- Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic
The paper deals with an analysis of the factors determining changes in the total factor productivity (TFP) in Czech agriculture. The study focuses on three important sectors - cereals, dairy and pork - and assesses the period after the accession of the Czech Republic to the EU (2004-2011). Firstly, the multiple output distance function models were estimated. Secondly, the TFP was calculated and decomposed into scale efficiency (SE), management component (MAN), technological change (TCH) and technical efficiency (TE). The results show that the TFP development was significantly determined by the TCH in each sector.
Keywords: fixed management model, output distance function, technical efficiency, total factor productivity
Published: December 31, 2015 Show citation
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