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Land Quality in an International Comparison: It's Importance in Measuring Productivity

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  • Nehring, Richard F.
  • Ball, V. Eldon
  • Breneman, Vincent E.

Abstract

The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of total factor productivity. Land quality adjustments could potentially be enhanced further with additional data on soil characteristics, climate, and other productivity-related characteristics.

Suggested Citation

  • Nehring, Richard F. & Ball, V. Eldon & Breneman, Vincent E., 2002. "Land Quality in an International Comparison: It's Importance in Measuring Productivity," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24910, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae02:24910
    DOI: 10.22004/ag.econ.24910
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    References listed on IDEAS

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    1. Kennedy, Peter E, 1981. "Estimation with Correctly Interpreted Dummy Variables in Semilogarithmic Equations [The Interpretation of Dummy Variables in Semilogarithmic Equations]," American Economic Review, American Economic Association, vol. 71(4), pages 801-801, September.
    2. Ball, V. Eldon & Butault, Jean-Pierre & Nehring, Richard, 2000. "U. S . Agriculture, 1960-96: A Multilateral Comparison of Total Factor Productivity," Staff Reports 276687, United States Department of Agriculture, Economic Research Service.
    3. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-475, June.
    4. Jorge Fernandez-Cornejo & Sharon Jans, 1995. "Quality-Adjusted Price and Quantity Indices for Pesticides," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 645-659.
    5. V. Eldon Ball & Jean-Christophe Bureau & Richard Nehring & Agapi Somwaru, 1997. "Agricultural Productivity Revisited," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1045-1063.
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