Measuring agricultural productivity: a new look

Extract: This paper presents revised procedures for calculating total factor productivity and measuring productivity growth in U.S. agriculture over the postwar years. Our estimates reflect (1) a disaggregated treatment of outputs and inputs and (2) indexing procedures that do not impose a priori re...

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Bibliographic Details
Published inERS staff report - United States Dept. of Agriculture, Economic Research Service (USA)
Main Author Ball, V.E
Format Publication
LanguageEnglish
Published 01.05.1984
Subjects
ANALISIS DE INSUMO-PRODUCTO
ANALYSE INPUT OUTPUT
ESTADISTICA
ESTADOS UNIDOS DE AMERICA
ESTRUCTURA DE LA PRODUCCION
ETATS-UNIS
FACTEUR DE PRODUCTION
FACTORES DE PRODUCCION
INSUMOS AGRICOLAS
INTERESES DEL CAPITAL
MEDICION
MESURE
MODELE
MODELOS
MOYEN DE PRODUCTION AGRICOLE
PRECIOS
PRIX
PRODUCTIVIDAD
PRODUCTIVITE
PRODUCTIVITE DU CAPITAL
STATISTIQUE
STRUCTURE DE PRODUCTION
TRABAJO
TRAVAIL
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Summary:Extract: This paper presents revised procedures for calculating total factor productivity and measuring productivity growth in U.S. agriculture over the postwar years. Our estimates reflect (1) a disaggregated treatment of outputs and inputs and (2) indexing procedures that do not impose a priori restrictions on the structure of production. We find that productivity grew at the average annual rate of 1.75 percent during the 1948-79 period, compared with the 1.70 percent 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:E10
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