Profitability Development and Resource Reallocation: The Case of Sugar Beet Farming in Germany
研究了2006年欧盟糖业改革后德国甜菜种植的生产率和盈利能力变化,发现全要素生产率增长部分抵消了贸易条件损失,且生产重新配置对部门生产率增长的贡献因糖加工企业所有权结构而异。
Abstract Following the 2006 reform of the European Union sugar market, and in anticipation of the quota abolition, a reallocation of sugar production has occurred. Using a Lowe quantity index, we evaluate the productivity and profitability of sugar beet farming in Germany from 2004 to 2013. The results show that an increase in total factor productivity partly compensated for losses in terms of trade. Moreover, the contribution of production reallocation to sector productivity growth varied across regions with distinct ownership structures of sugar processing companies. These findings have implications for policy and industry, as it transitions to a liberalised market.