Bennet-Bowley Measure for Productivity Analysis of Georgia Agriculture
| dc.creator | Flanders, Archie | |
| dc.creator | White, Fred C. | |
| dc.creator | McKissick, John C. | |
| dc.date | 2017-04-01T19:45:38Z | |
| dc.date.accessioned | 2026-07-09T02:46:50Z | |
| dc.description | Georgia agricultural production continues on an increasing trend and reached a historical high in 2006. Increases in output have been accompanied by relatively lower levels of input increases. The Tornqvist productivity index indicates an average annual productivity increase of 3.0% during 1960-2006. Productivity increases explain how the Georgia agricultural economy is expanding during a period when farm acreage and the number of farms are declining. An alternative to the Tornqvist productivity index is the Bennet-Bowley productivity indicator. A feature of the Bennet-Bowley indicator is that it is a component of normalized profit change. Profit change can be decomposed into a price change component, as well as a productivity component. Declining output prices relative to input prices during 1960-2006 were not favorable for increased profitability. Results show that Georgia farm profit increased from 1960-2006 due to increased agricultural productivity. | |
| dc.identifier | doi:10.22004/ag.econ.6110 | |
| dc.identifier | https://ageconsearch.umn.edu/record/6110/files/469057.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/6110 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/519871 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/6110 | |
| dc.title | Bennet-Bowley Measure for Productivity Analysis of Georgia Agriculture | |
| dc.type | Text |