Accounting for Bads in the Measurement of Productivity Growth: The Malmquist Cost Productivity Measure and its Application to US Agriculture
Yazarlar (1)
Prof. Dr. Osman Zihni ZAİM Beykoz Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale) | ||
| Dergi Adı | Economic Research Service, USDA, Washington, DC | ||
| Makale Dili | – | Basım Tarihi | 01-2002 |
| Makale Linki | https://www.academia.edu/download/31281988/wp.44.e.pdf | ||
| UAK Araştırma Alanları |
Çevre Ekonomisi
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| Özet |
| Concerns about environmental degradation have prompted the adoption of measures that would internalize externalities in production. The measures taken, ranging from command and control policies such as regulation to more market oriented policies such as issuing tradable pollution permits, were aimed at preventing the use of the environment as a medium whereby undesirable (or bad) outputs could be freely disposed. This has required that models of production be extended to accommodate joint production of “goods” and “bads”. Early contributors included Shephard (1970) and Shephard and Färe (1974).More recently, the focus has shifted towards measuring the cost of reduced disposability and the environmental performance of producers (see, for example, Färe et al., 1989; Färe, Grosskopf, and Pasurka, 1986 and 1989; Färe, Grosskopf, and Tyteca, 1996; Tyteca, 1996 and 1997; Zaim and Taskin, 2000; Ball et al., 2002). As Ball et al.(2002) point out, measures of productivity growth that ignore joint production of good and bad outputs and the restrictions on disposability of bad outputs will overstate the" social benefits" of production. They call for a revised measure of productivity growth that captures the cost associated with environmental externalities. This issue has been addressed within a “production” framework with the development of the Malmquist-Luenberger productivity index (see Chung, Färe and Grosskopf, 1997; Ball et al., 2001; Hailu and Veeman, 2001). |
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