Unpacking the Agricultural Black Box: The Rise and Fall of American Farm Productivity Growth
Has the golden age of U.S. agricultural productivity growth ended? We analyze the detailed patterns of productivity growth spanning a century of profound changes in American agriculture. We document a substantial slowing of U.S. farm productivity growth, following a late mid-century surge—20 years a...
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| Veröffentlicht in: | The Journal of economic history 2021-03, Vol.81 (1), p.114-155 |
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| creator | Pardey, Philip G. Alston, Julian M. |
| description | Has the golden age of U.S. agricultural productivity growth ended? We analyze the detailed patterns of productivity growth spanning a century of profound changes in American agriculture. We document a substantial slowing of U.S. farm productivity growth, following a late mid-century surge—20 years after the surge and slowdown in U.S. industrial productivity growth. We posit and empirically probe three related explanations for this farm productivity surge-slowdown: the time path of agricultural R&D-driven knowledge stocks; a big wave of technological progress associated with great clusters of inventions; and dynamic aspects of the structural transformation of agriculture, largely completed by 1980. |
| doi_str_mv | 10.1017/S0022050720000649 |
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| language | eng |
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| source | Cambridge University Press Journals Complete |
| subjects | 1910-2017 20th century 21st century Agricultural production Agriculture Economic growth Economic history Farms Food GDP Gross Domestic Product Grüne Revolution Innovations Inventions Landwirtschaft Population Productivity Produktivität R&D Research & development Technological change Transformation USA |
| title | Unpacking the Agricultural Black Box: The Rise and Fall of American Farm Productivity Growth |
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