6533b81ffe1ef96bd127904d

RESEARCH PRODUCT

The impact of the subsidy policy on total factor productivity : an empirical analysis of China's cotton production

Hamid Reza KarimiJianbo GuanYanwen Tan

subject

Article Subjectbusiness.industryGeneral Mathematicslcsh:MathematicsGeneral EngineeringSubsidylcsh:QA1-939Agricultural economicsVDP::Mathematics and natural science: 400::Mathematics: 410Agriculturelcsh:TA1-2040EconomicsProduction (economics)Chinabusinesslcsh:Engineering (General). Civil engineering (General)Total factor productivityMalmquist index

description

Published version of an article in the journal: Mathematical Problems in Engineering. Also available from the publisher at: http://dx.doi.org/10.1155/2013/248537 Open access This paper develops one model to explore the relationship between the subsidy policy and the agricultural total factor productivity (TFP). It indicates that the agricultural TFP will be lower after the subsidy policy is implemented and there exists a negative relation between the subsidy and TFP, if subsidies are associated with the acreage. Using Malmquist index, this paper measures the changes of TFP in China's cotton production before and after the subsidy policy is implemented. The results verify that the subsidy policy could not increase but decrease the TFP of China's cotton production, not only in the whole country but also in major provinces of China. Based on the positive study, some policy implications are provided in the end of this paper.

yearjournalcountryeditionlanguage
2013-01-01
10.1155/2013/248537http://hdl.handle.net/11250/136950