Broadacre farm productivity and profitability in south-western Australia
This paper examines broadacre farm performance in south-western Australia. This region has experienced pronounced climate variability and volatile commodity prices since the late 1990s. Relationships between productivity and profitability are explored using panel data from 47 farms in the study regi...
| Main Authors: | , , |
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| Format: | Journal Article |
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Blackwell Publishing Asia
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/24258 |
| _version_ | 1848751378575392768 |
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| author | Islam, Mohammad Nazrul Xayavong, V. Kingwell, R. |
| author_facet | Islam, Mohammad Nazrul Xayavong, V. Kingwell, R. |
| author_sort | Islam, Mohammad Nazrul |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This paper examines broadacre farm performance in south-western Australia. This region has experienced pronounced climate variability and volatile commodity prices since the late 1990s. Relationships between productivity and profitability are explored using panel data from 47 farms in the study region. The data are analysed using nonparametric methods. By applying the Fare-Primont index method, components of farm productivity and profitability are measured over the period 1998–2008. Growth in productivity is found to be the main contributor of profitability. Gains in efficiency and technical change are identified as jointly and similarly important in their contribution to total factor productivity for the farm sample in the region from 1998 to 2008. However, across environments, efficiency gains play an increasingly important role in influencing productivity as growing season rainfall increases. We conclude that R,D&E that delivers further improvement in technical efficiency and technical change is needed to support the profitability of farms across the study region. |
| first_indexed | 2025-11-14T07:51:47Z |
| format | Journal Article |
| id | curtin-20.500.11937-24258 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:51:47Z |
| publishDate | 2014 |
| publisher | Blackwell Publishing Asia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-242582019-04-30T03:26:03Z Broadacre farm productivity and profitability in south-western Australia Islam, Mohammad Nazrul Xayavong, V. Kingwell, R. technical change profitability productivity This paper examines broadacre farm performance in south-western Australia. This region has experienced pronounced climate variability and volatile commodity prices since the late 1990s. Relationships between productivity and profitability are explored using panel data from 47 farms in the study region. The data are analysed using nonparametric methods. By applying the Fare-Primont index method, components of farm productivity and profitability are measured over the period 1998–2008. Growth in productivity is found to be the main contributor of profitability. Gains in efficiency and technical change are identified as jointly and similarly important in their contribution to total factor productivity for the farm sample in the region from 1998 to 2008. However, across environments, efficiency gains play an increasingly important role in influencing productivity as growing season rainfall increases. We conclude that R,D&E that delivers further improvement in technical efficiency and technical change is needed to support the profitability of farms across the study region. 2014 Journal Article http://hdl.handle.net/20.500.11937/24258 10.1111/1467-8489.12040 Blackwell Publishing Asia unknown |
| spellingShingle | technical change profitability productivity Islam, Mohammad Nazrul Xayavong, V. Kingwell, R. Broadacre farm productivity and profitability in south-western Australia |
| title | Broadacre farm productivity and profitability in south-western Australia |
| title_full | Broadacre farm productivity and profitability in south-western Australia |
| title_fullStr | Broadacre farm productivity and profitability in south-western Australia |
| title_full_unstemmed | Broadacre farm productivity and profitability in south-western Australia |
| title_short | Broadacre farm productivity and profitability in south-western Australia |
| title_sort | broadacre farm productivity and profitability in south-western australia |
| topic | technical change profitability productivity |
| url | http://hdl.handle.net/20.500.11937/24258 |