Frederic Ang: Assessing productivity using the Bennet-Bowley-Lowe indicator: An application to Welsh sheep farm

This article introduces the Bennet-Bowley-Lowe Total Factor Productivity (TFP) indicator. Our proposed measure is difference-based, determinate and additively complete in line with the Bennet-Bowley indicator, and inherits the transitivity property of the Lowe index.

Organised by Development Economics

Thu 18 January 2018 12:30 to 13:30

Venue Leeuwenborch, gebouwnummer 201
Room C82
The empirical application focuses on the Welsh sheep sector for the years 2001-2014. We also develop a framework to decompose all Bennet-Bowley-type TFP indicators into technical change, technical inefficiency change, scale inefficiency change and mix inefficiency change.