New Directions in Productivity Measurement and Efficiency Analysis
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New Directions in Productivity Measurement and Efficiency Analysis

Counting the Environment and Natural Resources

Edited by Tihomir Ancev, M. A.S. Azad and Francesc Hernández-Sancho

This book explores novel research perspectives on the intersection of environmental/natural resource economics and productivity analysis, emphasizing the link between productivity and efficiency measurement and environmental impacts. The purpose of the book is to present new approaches and methods for measuring environmentally adjusted productivity and efficiency, and for incorporating natural resources in standard national accounting practices. These methods are applicable in many contexts, including air and water pollution, climate change, green accounting, and environmental regulation
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Chapter 6: Accounting for nutrient pollution in measuring agricultural total factor productivity: a study of OECD economies

Viet-Ngu Hoang and Clevo Wilson

Abstract

This chapter proposes environmental efficiency measures for agricultural production where nitrogen and phosphorus effluents and greenhouse gas emissions are notable environmental stresses. These environmental efficiency measures are based on the principle of materials balance and are used to construct environmental Malmquist total factor productivity (TFP) indices. The chapter illustrates one application using panel data from 32 OECD economies covering 17 years from 1992 to 2008.

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