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Accelerated Productivity Growth Offsets Decline in Resource Expansion in Global Agriculture

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  • Fuglie, Keith O.

Abstract

Rapid increases in agricultural commodity prices during 2006-08 raised concerns that agricultural productivity growth may not be keeping up with increasing demand for agricultural commodities. ERS has developed a new index of total factor productivity (TFP) in global agriculture to provide a more comprehensive understanding of longrun sources of agricultural output growth. ERS research shows that the average rate of growth in global agricultural TFP has accelerated in recent decades and accounts for an increasing share of growth in agricultural production. Faster TFP growth has offset declining growth in agricultural land, labor, and other resources, although TFP growth across countries and global regions remains unevenly distributed.

Suggested Citation

  • Fuglie, Keith O., 2010. "Accelerated Productivity Growth Offsets Decline in Resource Expansion in Global Agriculture," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, pages 1-6.
    • Handle: RePEc:ags:uersaw:121897
    DOI: 10.22004/ag.econ.121897
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    Cited by:

    1. Julian M Alston, 2018. "Reflections on Agricultural R&D, Productivity, and the Data Constraint: Unfinished Business, Unsettled Issues," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(2), pages 392-413.
    2. Franz Hamann & Fernando Arias-Rodríguez & Jesus Bejarano & Margarita Gafaro & Juan C. Mendez-Vizcaino & Andrea Paola Poveda-Olarte, 2019. "Productividad total de los factores y eficiencia en el uso de los recursos productivos en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 89, pages 1-54, February.

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    Keywords

    Productivity Analysis;

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