Strategic Decision Making in Asias Regional Agriculture: The Impact of Uruguay Rounds Multilateral Trade Liberalization Agreement
- Authors: Kazi Arif Uz Zaman, Kaliappa Kalirajan2
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View Affiliations Hide Affiliations2 Crawford School of Public Policy, The Australian National University, Canberra, Australia
- Source: Firms' Strategic Decisions: Theoretical and Empirical Findings: Volume 3 , pp 190-213
- Publication Date: March 2018
- Language: English
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Using the Data Envelopment Analysis (DEA) and Malmquist index, this chapter analyzes how the Uruguay Rounds 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.
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