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Productivity in the Australian dairy industry

Kompas, Tom; Tuong, Nhu Che


Although the Australian dairy industry has performed well it has also faced considerable pressure over the past twenty years. A decline in the terms of trade and major structural change has provided added incentives for the industry to improve productivity. This paper constructs Tornqvist index values to measure and analyse movements in inputs, outputs, total factor productivity (TFP) and the terms of trade for the dairy industry as a whole and for each state over the years 1979 to 1999....[Show more]

CollectionsANU Research Publications
Date published: 2003
Type: Working/Technical Paper
Source: Australasian Agribusiness Review


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