Productivity Growth in U.S. Agriculture

Keith Fuglie (), James C. MacDonald and V. Eldon Ball

No 6382, Economic Brief from United States Department of Agriculture, Economic Research Service

Abstract: Innovation and changes in technology have been a driving force for gains in productivity growth in U.S. agriculture. USDA's Economic Research Service has developed annual indexes of agricultural inputs, outputs, and total factor productivity (TFP) for 1948 through 2004. American agriculture relies almost entirely on productivity growth to raise output. By lowering the cost of agricultural commodities, productivity growth benefits not only farmers but also food manufacturers and consumers.

Keywords: Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 6
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerseb:6382

DOI: 10.22004/ag.econ.6382

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