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Productivity Growth in U.S. Agriculture

by Keith Fuglie, James M. MacDonald, and Eldon Ball

Economic Brief No. (EB-9) 7 pp, September 2007

cover image for eb9 Innovation and changes in technology have been a driving force for gains in productivity growth in U.S. agriculture. USDA's Economic Research Service has developed annual indexes of agricultural inputs, outputs, and total factor productivity (TFP) for 1948 through 2004. American agriculture relies almost entirely on productivity growth to raise output. By lowering the cost of agricultural commodities, productivity growth benefits not only farmers but also food manufacturers and consumers.

Keywords: Agriculture, productivity, productivity growth, total factor productivity, TFP, labor, farm economy, prices, agricultural research, agricultural output, technology

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Last updated: Saturday, May 26, 2012

For more information contact: Keith Fuglie, James M. MacDonald, and Eldon Ball