Input Measurement in Agricultural Productivity: The Case of Seed Use in the United States

Richard Nehring, Sam Bailey, Dan Bonin and Laura Dodson

No 361276, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Conclusions • There have been large quality changes in seeds due to hybridization, genetic engineering, and conventional breeding. • We use hedonic regressions to account for quality change. The adjusted quantities are close to 50 percent higher in earlier time periods. • New genetic traits have large effects on the price of seed and we also expect large effects on quality-adjusted quantity in more recent years. • This will update the Fernandez-Cornejo seed AIB 786 from 2004 and the Fernandez-Cornejo et al. seed ERR 162 from 2014.

Keywords: Crop Production/Industries; Demand and Price Analysis; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; Research Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 31
Date: 2023-03
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:361276

DOI: 10.22004/ag.econ.361276

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