A Three Factor Agricultural Production Function: The Case of Canada

E. Cristina Echevarria

Microeconomics from EconWPA

Abstract: This paper estimates a constant returns to scale agricultural production function of the three basic factors of production. Such a function is a useful tool for macroeconomic, growth, and development studies. It uses the shares approach that Solow used in 1957 and very disaggregated Canadian data. The main results of this paper are that first, in Canada, agriculture is less labour intensive than both services and industry, but capital intensity is similar in the three sectors. Second, the share of land in value added is estimated to be 16%. Third, total factor productivity growth in Canada has been roughly the same--0.3%--in agriculture and manufactures over the period 1971-91.

Keywords: agricultural economics; agriculture production function; macroeconomics (search for similar items in EconPapers)
JEL-codes: D1 D2 D3 D4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-eff
Date: 2005-10-20
Note: Type of Document - pdf; pages: 13
View list of references

Downloads: (external link)
http://129.3.20.41/eps/mic/papers/0510/0510011.pdf (application/pdf)

Related works:
Working Paper: - A THREE-FACTOR AGRICULTURAL PRODUCTION FUNCTION: THE CASE OF CANADA (1997)
Journal Article: A THREE-FACTOR AGRICULTURAL PRODUCTION FUNCTION: THE CASE OF CANADA (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in Microeconomics from EconWPA
Series data maintained by EconWPA ().