ISSN:
1573-0441
Keywords:
Multifactor productivity
;
production functions
;
technological change
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract Since the late 1970s, there have been fourteen studies that have estimated multifactor productivity (MFP) growth rates for the U.S. agricultural sector. The estimates of average annual MFP growth rates have ranged from 1.15 to 1.94 percent per year for studies using the gross productivity approach. The purpose of this paper is to identify the reasons for these different estimates. We consider theoretical and empirical factors and do not find any single reason that satisfactory explains the variation. The alternative estimates appear to be most sensitive to the coverage of years.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01073523
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