@article{Nin-Prat:211725,
      recid = {211725},
      author = {Nin-Prat, Alejandro and Falconi, Cesar and Ludena, Carlos  and Martel, Pedro},
      title = {Productivity and the Performance of Agriculture in Latin  America and the Caribbean: From the Lost Decade to the  Commodity Boom},
      address = {2015},
      number = {1008-2016-80061},
      pages = {76},
      year = {2015},
      abstract = {This study employs a growth accounting approach to analyze  the performance of Latin America and the Caribbean’s  agriculture between 1980 and 2012 looking at Total Factor  Productivity growth and its contribution to output per  worker. Our findings show that TFP in 2012 was 45 percent  bigger than in 1980, reducing the difference between TFP in  LAC and in OECD countries. Observed growth patterns at the  country level suggest that countries that increased input  per worker have increased TFP at a higher rate than  countries with limited access to capital and land. As a  result of these growth patterns, the improved performance  in the region has increased differences in labor  productivity between countries. Growing differences in  labor productivity and the fact that the favorable shock in  commodity prices that benefited LAC’s agriculture in recent  years has apparently ran its course, raise concerns for the  future.},
      url = {http://ageconsearch.umn.edu/record/211725},
      doi = {https://doi.org/10.22004/ag.econ.211725},
}