Has growth in productivity in Australian broadacre agriculture slowed?

Yu Sheng, John Mullen, Shiji Zhao

Research output: Book chapter/Published conference paperConference paper

Abstract

Agricultural productivity growth has been strong relative to other sectors in the Australian economy, and relative to the agricultural sectors of other developed countries. However, as commonly observed among other developed economies, growth in productivity in the broadacre sector of Australian agriculture seems to have slowed in the past decade. This paper uses the adjusted cumulative sum square (CUSQ) index to examine the trend stability of total factor productivity in Australian broadacre agriculture over the period 1952-53 to 2006-07. The results show that a significant slowdown occurred around the mid-1990s. Further analysis shows that the slowdown in productivity growth is driven by a longterm decline in public R&D investment in addition to poor seasonal conditions in the past decade.
Original languageEnglish
Title of host publicationAARE2010
Subtitle of host publicationMaking a difference: Celebrating 40 years of educational research
Place of PublicationAustralia
PublisherAustralian Agricultural and Resource Economics Society (AARES)
Pages24
Number of pages1
Publication statusPublished - 2010
EventConference of the Australian Agricultural and Resource Economics Society - Adelaide, SA, Australia
Duration: 10 Feb 201012 Feb 2010

Conference

ConferenceConference of the Australian Agricultural and Resource Economics Society
CountryAustralia
Period10/02/1012/02/10

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  • Cite this

    Sheng, Y., Mullen, J., & Zhao, S. (2010). Has growth in productivity in Australian broadacre agriculture slowed? In AARE2010: Making a difference: Celebrating 40 years of educational research (pp. 24). Australian Agricultural and Resource Economics Society (AARES).