Inputs, Outputs, and Total Factor Productivity in the US Farm Sector: A New State-Level Analysis (1960–2015)
Corresponding Author
Sun Ling Wang
USDA Economic Research Service
Correspondence to: Sun Ling Wang, USDA Economic Research Service, Washington, DC, USA ([email protected])
Search for more papers by this authorCorresponding Author
Sun Ling Wang
USDA Economic Research Service
Correspondence to: Sun Ling Wang, USDA Economic Research Service, Washington, DC, USA ([email protected])
Search for more papers by this authorThis research was supported by the US Department of Agriculture. The findings and conclusion in this research paper are those of the authors and should not be construed to represent any official USDA or US Government determination or policy.
Abstract
We introduce new methods and data sources to generate comprehensive state-level estimates of inputs, outputs, and total factor productivity for each of the 48 contiguous US states from 1960 to 2015. Results show that total factor productivity is the primary driver of farm output growth during the study period. However, the average annual productivity growth rates exhibit significant variation among states, ranging from 0.23% (New Mexico) to 1.95% (Ohio). While the average annual productivity growth rate has decelerated for most states over the past two decades, our test results do not indicate a consistent productivity slowdown across 10 production regions.
Supporting Information
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Data S1. Supporting Information. |
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Appendix S1. Supporting Information. |
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