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Bio-based and Applied Economics
Article . 2015 . Peer-reviewed
Data sources: Crossref
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Bio-based and Applied Economics
Article . 2015
Data sources: DOAJ
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Accounting for growth in global agriculture

Authors: Keith Fuglie;

Accounting for growth in global agriculture

Abstract

Rising prices of agricultural commodities have renewed concerns about constraints to agricultural productivity. To assess productivity trends, total factor productivity (TFP) is generally preferred to partial productivity indexes as an indicator of technical and efficiency changes because it is more closely related to the unit costs of production. But measuring TFP is demanding of data, and developing comprehensive and comparable indexes of international agricultural TFP has been challenging. This study proposes a growth accounting approach, using FAO data on quantity changes in inputs and outputs and aggregating input changes using cost shares derived from other sources, as a consistent way of constructing agricultural TFP indexes for world agriculture. This produces aggregate growth rates for agricultural output, input and TFP at the country, regional and global levels. Results suggest that the rate of agricultural TFP growth accelerated in recent decades, especially in developing countries. Most regions of the world now rely on productivity-based growth rather than resource-based growth to raise agricultural output.

Keywords

growth accounting, Aquaculture. Fisheries. Angling, SH1-691, Forestry, SD1-669.5, technical change

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    8
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
8
Top 10%
Average
Average
Published in a Diamond OA journal