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The Impact of the Subsidy Policy on Total Factor Productivity: An Empirical Analysis of China's Cotton Production

机译：补贴政策对全要素生产率的影响：基于中国棉花生产的实证分析

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摘要

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.
机译：本文建立了一个模型来探讨补贴政策与农业全要素生产率（TFP）之间的关系。这表明，实施补贴政策后，农业的全要素生产率会降低，如果补贴与耕种面积相关，则补贴与全要素生产率之间存在负相关关系。本文采用马尔姆奎斯特指数，对补贴政策实施前后中国棉花生产中全要素生产率的变化进行了测度。结果证明，不仅在全国，而且在中国主要省份，补贴政策都不会增加但降低中国棉花生产的全要素生产率。在积极研究的基础上，本文最后提供了一些政策含义。

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  • 来源
    《Mathematical Problems in Engineering》 |2013年第1期|248537.1-248537.8|共8页
  • 作者

    Yanwen Tan; Jianbo Guan; Hamid Reza Karimi;

  • 作者单位

    College of Economics and Management, South China Agricultural University, Guangzhou, Guangdong 510642, China;

    College of Economics and Management, South China Agricultural University, Guangzhou, Guangdong 510642, China;

    Department of Engineering, Faculty of Engineering and Science, University of Agder, 4898 Grimstad, Norway;

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