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Agricultural Productivity and Producer Behavior

Author : Wolfram Schlenker
Publisher : University of Chicago Press
Page : 316 pages
File Size : 32,76 MB
Release : 2019-11-13
Category : Business & Economics
ISBN : 022661980X

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Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether agricultural productivity growth has been, and will be, associated with significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.

Handbook of Agricultural Economics

Author : Robert E. Evenson
Publisher : Elsevier
Page : 847 pages
File Size : 49,94 MB
Release : 2007-06-28
Category : Business & Economics
ISBN : 0080545270

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Volume 3 of this series of the Handbooks in Economics follows on from the previous two volumes by focusing on the fundamental concepts of agricultural economics. The first part of the volume examines the developments in human resources and technology mastery. The second part follows on by considering the processes and impact of invention and innovation in this field. The effects of market forces are examined in the third part, and the volume concludes by analysing the economics of our changing natural resources, including the past effects of climate change.Overall this volume forms a comprehensive and accessible survey of the field of agricultural economics and is recommended reading for anyone with an interest, either academic or professional, in this area. *Part of the renown Handbooks in Economics series*Contributors are leaders of their areas*International in scope and comprehensive in coverage

Agricultural Productivity

Author : Virgil Ball
Publisher : Springer Science & Business Media
Page : 337 pages
File Size : 30,73 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 1461508517

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Agricultural Productivity: Measurement and Sources of Growth addresses measurement issues and techniques in agricultural productivity analysis, applying those techniques to recently published data sets for American agriculture. The data sets are used to estimate and explain state level productivity and efficiency differences, and to test different approaches to productivity measurement. The rise in agricultural productivity is the single most important source of economic growth in the U.S. farm sector, and the rate of productivity growth is estimated to be higher in agriculture than in the non-farm sector. It is important to understand productivity sources and to measure its growth properly, including the effects of environmental externalities. Both the methods and the data can be accessed by economists at the state level to conduct analyses for their own states. In a sense, although not explicitly, the book provides a guide to using the productivity data available on the website of the U.S. Department of Agriculture/Economic Research Service. It should be of interest to a broad spectrum of professionals in academia, the government, and the private sector.

Economic Development and Agricultural Productivity

Author : Amit Bhaduri
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 46,35 MB
Release : 1997
Category : Business & Economics
ISBN :

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Moving beyond traditional discussion of low agricultural productivity as being primarily determined by technological factors, this volume examines the more complex determinants including the influences of ecology and environmental degradation, the distribution of political power and socio- economic factors, as well as possibilities for biotechnology. Ten contributions are divided into four sections: historical perspectives on productivity in agriculture; the role of the price mechanism in relation to the agricultural sector; the role of class relations and the state in stagnation and growth in agricultural productivity; and ecological sustainability of agricultural productivity growth. Annotation copyrighted by Book News, Inc., Portland, OR

Agricultural Productivity, Comparative Advantage and Economic Growth

Author : Kiminori Matsuyama
Publisher :
Page : 48 pages
File Size : 15,2 MB
Release : 1991
Category : Agricultural productivity
ISBN :

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The role of agricultural productivity in economic development is addressed in a two-sector model of endogenous growth in which a) preferences are non-homothetic and the income elasticity of demand for the agricultural good is less than unitary, and b) the engine of growth is learning-by-doing in the manufacturing sector. For the closed economy case, the model predicts a positive link between agricultural productivity and economic growth and thus provides a formalization of the conventional wisdom, which asserts that agricultural revolution is a precondition for industrial revolution. For the open economy case, however, the model predicts a negative link; that is, an economy with a relatively unproductive agricultural sector experiences faster and accelerating growth. The result suggests that the openness of an economy should be an important factor when planning development strategy and predicting growth performance.

Persistence Pays

Author : Julian M. Alston
Publisher : Springer Science & Business Media
Page : 515 pages
File Size : 23,13 MB
Release : 2009-11-27
Category : Business & Economics
ISBN : 1441906584

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gricultural science policy in the United States has profoundly affected the growth and development of agriculture worldwide, not just in the A United States. Over the past 150 years, and especially over the second th half of the 20 Century, public investments in agricultural R&D in the United States grew faster than the value of agricultural production. Public spending on agricultural science grew similarly in other more-developed countries, and c- lectively these efforts, along with private spending, spurred agricultural prod- tivity growth in rich and poor nations alike. The value of this investment is seldom fully appreciated. The resulting p- ductivity improvements have released labor and other resources for alternative uses—in 1900, 29. 2 million Americans (39 percent of the population) were - rectly engaged in farming compared with just 2. 9 million (1. 1 percent) today— while making food and fiber more abundant and cheaper. The benefits are not confined to Americans. U. S. agricultural science has contributed with others to growth in agricultural productivity in many other countries as well as the Un- ed States. The world’s population more than doubled from around 3 billion in 1961 to 6. 54 billion in 2006 (U. S. Census Bureau 2009). Over the same period, production of important grain crops (including maize, wheat and rice) almost trebled, such that global per capita grain production was 18 percent higher in 2006.

Productivity Growth and Convergence in Agriculture and Manufacturing

Author : Will Martin
Publisher : World Bank Publications
Page : 36 pages
File Size : 10,39 MB
Release : 1999
Category : Agricultural procductivity
ISBN : 9090805303

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The growth of agricultural productivity is widely believed to be low. But this study finds the productivity rate in agriculture to be higher than that in manufacturing, both on average and for groups of countries at different stages of development. This suggests that a large agricultural sector need not be a disadvantage for growth performance, and may be an advantage.