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Production Structure and Productivity of Japanese Agriculture - Volume 1: Quantitative Investigations on Production Structure (Hardcover, New)
Loot Price: R3,435
Discovery Miles 34 350
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Production Structure and Productivity of Japanese Agriculture - Volume 1: Quantitative Investigations on Production Structure (Hardcover, New)
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By departing from conventionally analytical tools such as
Cobb-Douglas and CES production functions, the author
quantitatively analyses the production structure and productivity
of Japanese agriculture for the second half of the 20th century. To
achieve this objective the book uses newly developed analytical
tools from the early-1950s through to the 1980s such as the duality
theorem, flexible functional forms, and index number theories. By
making full use of these newly developed analytical tools, the
author offers comprehensive, consistent, integrated, and reliable
empirical results for analysing the production structure and
productivity of postwar Japanese agriculture.
Volume 1 utilises the crop-livestock multiple product total and
variable translog cost to quantitatively assess production
structure and productivity from 1957-1997. Important indicators of
production are estimated for different size classes for each
year and are compared over time. Furthermore, a distinctive feature
of Volume 1 is the introduction of a newly devised method for
decomposing the growth rate of labor productivity. This process
departs from the conventional Solow growth account method, which is
not explicitly integrated with the theory of the firm.
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