Abstract
Using the Data Envelopment Analysis (DEA) and Malmquist index, this chapter analyzes how the Uruguay Round’s resolution on Agreement on Agriculture (AoA), which is a strategic decision making at the global level, has contributed to the strategic decision making in Asian agriculture at the national level. The empirical results reveal that the strategic decision making of trade liberalization at the national level has significantly contributed to growth in productivity and efficiency measures in Asian agriculture during the period of 1981 to 2012. As like the Kuznets hypothesis, an interesting inverted U-shaped movement of technical efficiency levels with trade liberalization is observed, while the movement of technological change on trade openness comes as U-shaped.
Keywords: Asian agriculture, Data Envelopment Analysis, Kuznets hypothesis, strategic decision making, Trade liberalization.
Related Books
Progress in Green Economics
Capitalist Realism in Africa: Realities and Myths in Advertising
Digital Currency: An International Legal and Regulatory Compliance Guide
Intellectual Property Basic Manual for Researchers in Universities
.jpg)
Internet Economics: Models, Mechanisms and Management
Learning Why and How: A Reader in Managing Nonprofit and Voluntary Organizations
Markets, Business and Sustainability
Organizational Management: Case Studies for Graduate Students
People, Preferences & Prices: Sequencing the Economic Genome of the Consumer Mind
Redefining University Leadership for the 21st Century