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Total Factor Productivity of the Japanese Rice Industry
Author(s) -
Kondo Katsunobu,
Yamamoto Yasutaka,
Sasaki Jun
Publication year - 2017
Publication title -
asian economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.345
H-Index - 28
eISSN - 1467-8381
pISSN - 1351-3958
DOI - 10.1111/asej.12134
Subject(s) - total factor productivity , economics , panel data , productivity , convergence (economics) , unit root , capital (architecture) , agricultural economics , econometrics , macroeconomics , geography , archaeology
We calculate partial factor productivity and total factor productivity (TFP) indices for rice production using panel data across 42 Japanese prefectures from 1996 to 2006, and perform panel unit root tests of TFP convergence across prefectures. We find that during this period, the partial factor productivity growth rates for capital, land and materials stagnated at the aggregate national level, as did the TFP growth rate, despite a large increase in labor productivity. We also identify evidence of a convergence in TFP across Japanese prefectures.