Abstract
A production function-based total factor productivity approach is used to examine differences in private and socialized producer labor and land productivities in Polish agriculture. Cobb-Douglas estimates show that the effects of policy have been negative for all producers, but more so for socialized ones, especially before 1975. This contradicts expectations based on Polish agricultural policies and suggests that the effects of bureaucratic allocation and control outweighed the effects of policies favoring socialized producers. Although the estimated private sector production function does have a larger intercept, no strict efficiency ranking is possible due to differences in sectoral input coefficients and returns to scale.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
