The Impact of the Subsidy Policy on Total Factor Productivity: An Empirical Analysis of China's Cotton Production

被引:11
|
作者
Tan, Yanwen [1 ]
Guan, Jianbo [1 ]
Karimi, Hamid Reza [2 ]
机构
[1] South China Agr Univ, Coll Econ & Management, Guangzhou 510642, Guangdong, Peoples R China
[2] Univ Agder, Fac Sci & Engn, Dept Engn, N-4898 Grimstad, Norway
基金
中国国家自然科学基金;
关键词
EFFICIENCY; GROWTH; OUTPUT;
D O I
10.1155/2013/248537
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This paper develops one model to explore the relationship between the subsidy policy and the agricultural total factor productivity (TFP). It indicates that the agricultural TFP will be lower after the subsidy policy is implemented and there exists a negative relation between the subsidy and TFP, if subsidies are associated with the acreage. Using Malmquist index, this paper measures the changes of TFP in China's cotton production before and after the subsidy policy is implemented. The results verify that the subsidy policy could not increase but decrease the TFP of China's cotton production, not only in the whole country but also in major provinces of China. Based on the positive study, some policy implications are provided in the end of this paper.
引用
收藏
页数:8
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