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Western Journal of Agricultural Economics >
Volume 13, Number 01, July 1988 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/32146
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| Title: | MEASURING THE COMPONENTS OF AGGREGATE PRODUCTIVITY GROWTH IN U.S. AGRICULTURE |
| Authors: | Capalbo, Susan M. |
| Issue Date: | 1988-07 |
| Abstract: | A method of decomposing the growth in total factor productivity into effects due to nonconstant returns to scale and technical change was applied to the U.S. agricultural sector. The scale effects and technical changes were measured using an economically estimated two-output, three-input translog cost model. Total factor productivity as conventionally measured grew at an average annual rate of 1.56% from 1950-82. This growth rate, however, misrepresented the rate of technical change in U.S. agriculture primarily due to the nonconstant scales effects. |
| URI: | http://purl.umn.edu/32146 |
| Institution/Association: | Western Journal of Agricultural Economics>Volume 13, Number 01, July 1988 |
| Total Pages: | 10 |
| Language: | English |
| From Page: | 53 |
| To Page: | 62 |
| Collections: | Volume 13, Number 01, July 1988
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| 13010053.pdf | 777Kb | PDF | View/Open |
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