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What is U.S. Agricultural Productivity Trends about?

The USDA report analyzes U.S. agricultural productivity growth from 1948 to 2011, highlighting a 1.49% annual increase in agricultural output driven primarily by total factor productivity (TFP) growth. Despite concerns about a potential slowdown in productivity, the study finds no statistical evidence of a decline over time, although future growth may be impacted by reduced research and development investments. The report also discusses shifts in agricultural input usage and output composition, indicating a

Author

Abdoul Karim Nchare FOGAM

Language

EN