Components of agricultural productivity change: Replication of US evidence and extension to the EU
Open access
Datum
2023-09Typ
- 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. Mehr anzeigen
Persistenter Link
https://doi.org/10.3929/ethz-b-000614452Publikationsstatus
publishedExterne Links
Zeitschrift / Serie
Applied Economic Perspectives and PolicyBand
Seiten / Artikelnummer
Verlag
WileyThema
Agricultural productivity; Index measurement; Productivity decomposition; Technical change; Total factor productivityOrganisationseinheit
09564 - Finger, Robert / Finger, Robert