Agricultural productivity growth in the United States : measurement, trends, and drivers / Sun Ling Wang ; Paul Heisey ; David Schimmelpfennig ; and Eldon Ball.

Format:

Book

Government document

Author/Creator:

Wang, Sun Ling, author.

Heisey, Paul W., author.

Schimmelpfennig, David, author.

Ball, V. Eldon, author.

Contributor:

United States. Department of Agriculture. Economic Research Service, issuing body.

Series:

Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 189.

Economic research report ; number 189

Language:

English

Subjects (All):

Agricultural productivity--United States--Measurement.

Agricultural productivity.

Agricultural productivity--United States--Forecasting--Mathematical models.

Industrial productivity--United States--Mathematical models.

Industrial productivity.

Economic development--United States--Mathematical models.

Economic development.

Agricultural productivity--Measurement.

Economic development--Mathematical models.

Industrial productivity--Mathematical models.

United States.

Physical Description:

1 online resource ([6], 72 pages) : color illustrations.

Place of Publication:

[Washington, D.C.] : United States Department of Agriculture, Economic Research Service, [2015]

Summary:

U.S. agricultural output more than doubled between 1948 and 2011, with growth averaging 1.49 percent per year. With little growth in total measured use of agricultural inputs, the extraordinary performance of the U.S. farm sector was driven mainly by increases in total factor productivity (TFP--measured as output per unit of aggregate input). Over the last six decades, the mix of agricultural inputs used shifted significantly, with increased use of intermediate goods (e.g., fertilizer and pesticides) and less use of labor and land. The output mix changed as well, with crop production growing faster than livestock production. Based on econometric analysis of updated (1948-2011) TFP data, this study finds no statistical evidence that longrun U.S. agricultural productivity has slowed over time. Model-based projections show that in the future, slow growth in research and development investments may have only minor effects on TFP growth over the next 10 years but will slow TFP growth much more over the long term.

Contents:

Trends and Compositional Shifts in U.S. Agricultural Outputs and Inputs

Yield, Land Productivity, Labor Productivity, and Total Factor Productivity

Is U.S. Agricultural Productivity Growth Slowing?

Drivers of U.S. Agricultural Productivity Growth

Projections of 2050 U.S. Agricultural Productivity: Alternative Scenarios of Public Research Funding.

Notes:

"July 2015."

Title from title screen (viewed on July 30, 2015).

Accompanied by summary report.

Includes bibliographical references (pages 58-67).

Other Format:

Print version: Wang, Sun Ling. Agricultural productivity growth in the United States

OCLC:

915150891