Components of agricultural productivity change: Replication of US evidence and extension to the EU
Open access
Date
2023-09Type
- Journal Article
Abstract
Increasing agricultural productivity is a policy priority in many countries. O'Donnell (Am. J. Agric. Econ. 94(4): 873–890, 2012) decomposed productivity change in US agriculture using a Lowe total factor productivity (TFP) index. We replicate the original study, assess its robustness to alternative TFP indices, and extend the analysis to EU agriculture. We consistently find that productivity growth in US agriculture is mainly driven by technical progress. In EU agriculture, TFP growth is less pronounced, and both technical change and efficiency change contribute to productivity changes. In both US and EU agriculture, the magnitude of measured productivity change varies across indices, highlighting the need to rely on multiple indices for robust policy recommendations. Show more
Permanent link
https://doi.org/10.3929/ethz-b-000614452Publication status
publishedExternal links
Journal / series
Applied Economic Perspectives and PolicyVolume
Pages / Article No.
Publisher
WileySubject
Agricultural productivity; Index measurement; Productivity decomposition; Technical change; Total factor productivityOrganisational unit
09564 - Finger, Robert / Finger, Robert
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