TFP Bioeconomy Impact post Covid-19 on the agricultural economy.

ABSTRACT:

Background

This research was focused on measuring the TFP bioeconomy post-Covid-19 in six regions of the world.

Methods

The panel data was organized with FAO Statistics data. Linear programming with an enveloping data analysis (DEA) approach was used to measure the Malmquist TFP indices to determine the inter-annual productivity and technical efficiency changes by region.

Results

The results show that the effect of Covid-19 on the bioeconomy productivity during the period 2012-2021 on average decreased by 11.6%. This effect was explained by the decomposition of the productivity change into the changes in technical efficiency. The workers decreased their efficiency by 11.7%. In the Northern American region, it decreased by 21.6%, in the Southern European region by 10.1

SUBMITTER: Zuniga-Gonzalez CA 

PROVIDER: S-EPMC10656026 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature