USING MALMQUIST TOTAL FACTOR PRODUCTIVITY METHOD FOR AGRICULTURAL SECTOR EFFICIENCY OF MIKTA COUNTRIES

Abstract

MIKTA is a diverse and cross-regional grouping of powers that brings together Mexico, Indonesia, the Republic of Korea, Turkey and Australia. MIKTA countries are significant economic powers and all are members of the Group of Twenty. Bye the way, agricultural development is one of the most powerful tools to finish extreme poverty, improve shared prosperity, and find food for a forecasted 9.7 billion people by 2050. But agricultural growth, reduction in powerty and food security are at risk. Recent shocks such as COVID-19 related disruptions to extreme weather, pests and conflicts are all affecting food systems, resulting in inflation and increasing hunger. Increasing climate change could further reduce yields, especially in the food insecure regions around the world. So, the research aims whether the agricultural sector performs well or not within the MIKTA countries which are thought of bearing significant importance for their relavant continents. In this meaning, data for MIKTA countries throughout 2018 and 2019 from World Bank has been taken. Here, agricultural land, rural population and rural population percent of total population are inputs. On the other hand, agriculture, forestry, and fishing value added is the output of the DEA model. Then, analysis have been done using Malmquist Total Factor Productivity Method (MTFPM), super efficiency measures have been found out and ineffective countries in MIKTA have been detected.