Output, input, and productivity measurement in U.S. agriculture, 1948-79

Extract: Tornqvist-Theil indexes of outputs and inputs are constructed. These data are used to construct indexes of productivity growth over the postwar period. The productivity indexes can be derived from a flexible multioutput-multifactor representation of the structure of production constrained t...

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Bibliographic Details
Published inAmerican journal of agricultural economics Vol. 67; no. 3
Main Author Ball, V.E
Format Journal Article
LanguageEnglish
Published 01.08.1985
Subjects
ANALISIS DE INSUMO-PRODUCTO
ANALYSE INPUT OUTPUT
CAPITAL
ESTADOS UNIDOS DE AMERICA
ETATS-UNIS
INSUMOS AGRICOLAS
MEDICION
MESURE
MOYEN DE PRODUCTION AGRICOLE
PRODUCTIVIDAD
PRODUCTIVITE
TRABAJO
TRAVAIL
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Summary:Extract: Tornqvist-Theil indexes of outputs and inputs are constructed. These data are used to construct indexes of productivity growth over the postwar period. The productivity indexes can be derived from a flexible multioutput-multifactor representation of the structure of production constrained to constant returns to scale. Total factor productivity grew at an average annual rate of 1.75%, compared with 1.70% per year estimated by the U.S. Department of Agriculture. The similar estimates of productivity growth overshadow some important differences in measurement of individual inputs
Bibliography:U10
8619098
F08
ISSN:0002-9092
1467-8276
DOI:10.2307/1241066