Accounting for growth in global agriculture
Bio-based and Applied Economics
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Title |
Accounting for growth in global agriculture
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Creator |
Fuglie, Keith; Università di Bologna
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Subject |
growth accounting; technical change; total factor productivity
Q16; O13 |
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Description |
Rising prices of agricultural commodities have renewed concerns about constraints to agricultural productivity. To assess productivity trends, total factor productivity (TFP) is generally preferred to partial productivity indexes as an indicator of technical and efficiency changes because it is more closely related to the unit costs of production. But measuring TFP is demanding of data, and developing comprehensive and comparable indexes of international agricultural TFP has been challenging. This study proposes a growth accounting approach, using FAO data on quantity changes in inputs and outputs and aggregating input changes using cost shares derived from other sources, as a consistent way of constructing agricultural TFP indexes for world agriculture. This produces aggregate growth rates for agricultural output, input and TFP at the country, regional and global levels. Results suggest that the rate of agricultural TFP growth accelerated in recent decades, especially in developing countries. Most regions of the world now rely on productivity-based growth rather than resource-based growth to raise agricultural output.
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Publisher |
Bio-based and Applied Economics
Bio-based and Applied Economics |
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Contributor |
—
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Date |
2015-10-04
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.fupress.net/index.php/bae/article/view/17151
http://www.fupress.net/index.php/bae/article/download/17151/16749 10.13128/BAE-17151 |
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Source |
Bio-based and Applied Economics; Vol 4, No 3 (2015): Innovation, productivity and growth: towards sustainable agri-food production; 201-234
Bio-based and Applied Economics; Vol 4, No 3 (2015): Innovation, productivity and growth: towards sustainable agri-food production; 201-234 2280-6172 2280-6180 |
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Language |
eng
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Relation |
10.13128/BAE-17151
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Rights |
The authors retain all rights to the original work without any restrictions.License for Published ContentsYou are free to copy, distribute and transmit the work, and to adapt the work. You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work).Licence scheme | Legal codeLicense for MetadataThis Journal published articles metadata are dedicated to the public domain by waiving all publisher's rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.Licence scheme | Legal code
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