Land Quality in an International Comparison: It's Importance in Measuring Productivity

Richard F. Nehring, V. Eldon Ball and Vincent E. Breneman

No 24910, 2002 International Congress, August 28-31, 2002, Zaragoza, Spain from European Association of Agricultural Economists

Abstract: The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of total factor productivity. Land quality adjustments could potentially be enhanced further with additional data on soil characteristics, climate, and other productivity-related characteristics.

Keywords: Productivity; Analysis (search for similar items in EconPapers)
Pages: 16
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae02:24910

DOI: 10.22004/ag.econ.24910

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