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:
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