Technical Change, Human Capital, and Spillovers in United States Agriculture, 1949-1985

by Klaus W. Deininger

Overview

First published in 1995. Based on a detailed adjustment for the quality of inputs and outputs, this study develops state-level measures for total factor productivity growth in US agriculture which are used to determine (i) the presence and determinants of convergence across states; (ii) the contribution of individual factors of production to productivity growth; (iii) the importance of spillovers across states; (iv) the economic effects of, returns to, and factor biases of research and extension. This title will be of great interest to students of economics and agriculture.

Product Details

ISBN-13:	9780367254650
Publisher:	Taylor & Francis
Publication date:	08/23/2019
Series:	Routledge Library Editions: Agriculture , #17
Pages:	176
Product dimensions:	5.44(w) x 8.50(h) x (d)

Table of Contents

1. Introduction 2. Agricultural Production, Research and Extension: A Quantitative Description 3. Productivity Growth in US Agriculture 4. The Economic Effects of Research and Extension 5. Conclusion; Appendix; References; Index

Editorial Reviews

Develops state-level measures for the total factor productivity growth in US agriculture using a detailed adjustment for the quality of inputs and outputs. Then uses that to analyze the presence and determinants of convergence across states, the contribution of individual factors to productivity growth, the importance of spillovers across states, and the economic effects of research and extension. Finds that a commonly available body of technical information has led to a convergence among states, and that the technological changes have reduced land and labor costs and increased capital and purchased input. The return on research investment seems to be diminishing. The study should guide policy for funding future agricultural research. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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