Agricultural Productivity Convergence: Myth or Reality?
We tested agricultural productivity convergence in the United States using the state level total factor productivity data and utilizing new estimation and cluster identification methods to identify convergence in the data. The empirical investigation did not indicate any evidence of agricultural total factor productivity (TFP) convergence at the state level. However, we found the evidence of TFP convergence at the regional level for some regions/clusters.
Volume (Year): 43 (2011)
Issue (Month): 01 (February)
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