By V. Eldon Ball, George W. Norton (auth.), V. Elton Ball, George W. Norton (eds.)
Agricultural productiveness: dimension and assets of Growth addresses size concerns and strategies in agricultural productiveness research, utilising these concepts to lately released information units for American agriculture. the knowledge units are used to estimate and clarify kingdom point productiveness and potency ameliorations, and to check various techniques to productiveness dimension. the increase in agricultural productiveness is the one most crucial resource of financial progress within the U.S. farm zone, and the speed of productiveness progress is anticipated to be better in agriculture than within the non-farm quarter. it is very important comprehend productiveness assets and to degree its progress thoroughly, together with the consequences of environmental externalities.
Both the tools and the information may be accessed via economists on the country point to behavior analyses for his or her personal states. In a feeling, even supposing no longer explicitly, the ebook offers a consultant to utilizing the productiveness information to be had at the site of the U.S. division of Agriculture/Economic study carrier. it may be of curiosity to a wide spectrum of execs in academia, the govt, and the personal area.
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Additional info for Agricultural Productivity: Measurement and Sources of Growth
Denison, E. 1979. Accountingfor Slower Economic Growth. C: The Brookings Institution. Diewert, W. E. 1976. " Journal of Econometrics, 4: 115-46. Eltet6, O. and P. Kaves. 1964. " Szatistikai Szemle, 42:507-18. Federal Reserve Board. Moody s BAA Seasoned Corporate Bonds. , monthly. Fisher, I. 1922. The Making of Index Numbers. Boston: Houghton Mifflin. Gerschenkron, A. 1952. " The Progress of Underdeveloped Areas, ed. Bert F. Hoselitz. Chicago: University of Chicago Press. 2 - Us. S. " American Journal ofAgricultural Economics, 74:745-50.
For these composite commodities a price index based on national prices for their sub-components was constructed, to be used to deflate reported current dollar values. A somewhat questionable, but standard, choice was to use the (policy-distorted) prices paid and received by farmers as the relevant prices for aggregating inputs and outputs. As a counterpart to that decision, we included set-aside acreage within the inputs used by farmers. It is not clear to us how others have dealt with this issue.
S. Agriculture, 1960-96 21 Labor compensation (opportunity cost) data for self-employed and unpaid family workers are not available. As a result, for each state and year, selfemployed and unpaid family workers in each state are imputed the mean wage earned by hired workers with the same demographic characteristics. Indices of labor input are constructed for each state over the 1960-96 period using the demographically cross-classified hours and compensation data. Labor hours having higher marginal productivity (wages) are given higher weights in forming the index of labor input than are hours having lower marginal productivities.
Agricultural Productivity: Measurement and Sources of Growth by V. Eldon Ball, George W. Norton (auth.), V. Elton Ball, George W. Norton (eds.)