World Agricultural Output Growth Continues to Slow, Reaching Lowest Rate in Six Decades
Autor: | Morgan, Stephen, Fuglie, Keith, Jelliffe, Jeremy |
---|---|
Jazyk: | angličtina |
Rok vydání: | 2022 |
Předmět: |
Productivity Analysis
Research and Development/Tech Change/Emerging Technologies Agricultural Finance Production Economics International Relations/Trade Risk and Uncertainty Public Economics Crop Production/Industries Political Economy Farm Management Agribusiness International Development Labor and Human Capital Land Economics/Use |
DOI: | 10.22004/ag.econ.329961 |
Popis: | Agricultural productivity growth helps farmers meet the food and fiber demands of growing global populations while using relatively fewer resources. One of the most informative measures of agricultural productivity is total factor productivity (TFP), which measures the efficiency with which agricultural inputs are combined to produce output. Unlike single factor productivity measures, such as output per acre (yield) for land, total factor productivity compares total crop, livestock, and aquaculture output with the full set of inputs used in agricultural production. When the total value of agricultural output grows faster than the total amount of inputs used, then TFP increases. |
Databáze: | OpenAIRE |
Externí odkaz: |