Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/317518 
Year of Publication: 
2021
Citation: 
[Journal:] Journal of Business Economics and Management (JBEM) [ISSN:] 2029-4433 [Volume:] 22 [Issue:] 5 [Year:] 2021 [Pages:] 1189-1208
Publisher: 
Vilnius Gediminas Technical University, Vilnius
Abstract: 
Total factor productivity (TFP) growth measures usually focus on a certain direction of optimization and ignore the general setting encompassing the input and output orientations simultaneously. This paper uses the generalized Luenberger-Hicks-Moorsteen (LHM) TFP indicator which is additively complete and can be decomposed by three mutually exclusive elements. The input- and output-oriented analysis is undertaken in order to derive the generalized TFP measured. The paper uses the corn production data from 19 Chinese provinces over the period of 2004-2017. This research is important as China is the second largest corn producer in the world. The TFP growth was observed for Chinese corn farming the rate of 0.56% per year. The technological progress (0.48%) was the major source of the TFP growth, whereas the importance of the technical efficiency change (0.09%) and scale efficiency change (-0.01%) was negligible.
Subjects: 
corn production
total factor productivity
Luenberger-Hicks-Moorsteen indicator
data envelopment analysis
efficiency change
technological progress
JEL: 
M41
C83
L20
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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