Abstract
This paper constructs a novel cross-country consistent dataset built upon production accounts at the commodity level for inputs and outputs between Australia, Canada and the United States. Cross-country consistent agricultural productivity is then estimated and compared by using two most widely adopted methods in international comparison, namely the superlative index approach and the quantity-only based index approach. The results show that when price information is available, the superlative index approach always outperforms the quantity-only based index approach in accuracy and consistency of aggregation. This points to the importance of price data collection work for interantional comparison of agricultural productivity.
Original language | Undefined/Unknown |
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Publisher | ABARES |
Publication status | Published - 2018 |
Externally published | Yes |