U.S. Agricultural Growth and Productivity: An Economywide Perspective

Growth of U.S. agriculture is dependent on increases in productivity, three-fourths of which is accounted for by public investment in agricultural research and development (R&D) and infrastructure, according to this research. Productivity growth in U.S. agriculture benefits consumers by putting downward pressure on real primary and processed food prices. Moreover, maintaining export growth in international markets relies on relative productivity growth against major competitors. Public investments in agricultural R&D have stagnated since the mid-1970's, raising questions about sustained productivity growth in U.S. agriculture.


Issue Date:
1998
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/34047
Total Pages:
17
Series Statement:
Agricultural Economics Report No. 758




 Record created 2017-04-01, last modified 2017-08-25

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