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Factor Intensity of U.S. Agricultural Trade

Darryl S. Wills and Chinkook Lee

No 308145, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: U.S. agricultural exports in 1987 employed an estimated 884,000 workers throughout the economy and an estimated 107 million acres of harvested cropland. Factor intensity is defined as the amount of a factor (land, labor, or capital) required economywide to produce $1 million of agricultural exports. In 1987, for each $1 million, U.S. agricultural exports required approximately 31 workers and 3,500 harvested acres, compared with 39 workers and 4,300 harvested acres in 1977. These changes in factor intensity reflect changes in prices, commodity composition, and factor productivity. Compared with agricultural imports, U.S. agricultural exports are capital and land intensive.

Keywords: International Relations/Trade; Labor and Human Capital; Land Economics/Use; Productivity Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 32
Date: 1990-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:308145

DOI: 10.22004/ag.econ.308145

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