Measurement of U.S. Agricultural Productivity: A 2014 Review of Current Statistics and Proposals for Change

by C. Richard Shumway, Barbara M. Fraumeni, Lilyan E. Fulginiti, Jon D. Samuels, and Spiro E. Stefanou

The USDA Economic Research Service has developed national and state-level agricultural productivity measures. These productivity measures are widely referred to and used, and international sectoralcomparisons rely on the ERS production accounts for foundation methodology in constructing agricultural productivity accounts in other countries. ERS engaged an external review committee to examine the data sources, methodology, ongoing research, documentation, and reporting of the ERS agricultural productivity accounts. This report represents the outcome of that review.

Keywords: Agricultural productivity, farm productivity, TFP growth, total factor productivity, agricultural resources

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