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Agricultural Productivity Grew in Every State AgEcon
Ball, V. Eldon.
Tipo: Article Palavras-chave: International Relations/Trade; Productivity Analysis.
Ano: 2008 URL: http://purl.umn.edu/124044
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EFFECTIVE COSTS AND CHEMICAL USE IN U.S. AGRICULTURAL PRODUCTION: BENEFITS AND COSTS OF USING THE ENVIRONMENT AS A "FREE" INPUT AgEcon
Morrison Paul, Catherine J.; Ball, V. Eldon; Felthoven, Ronald G.; Nehring, Richard F..
This study uses a cost-function-based model of production processes in U.S. agriculture to represent producers' input and output decisions, and the implied costs of reductions in risk associated with leaching and runoff from agricultural chemical use. The model facilitates evaluation of the statistical significance of measured shadow values for "bad" outputs, and their input- and output-specific components, with a focus on the impacts on pesticide demand and its quality and quantity aspects. The shadow values of risk reduction are statistically significant, and imply increased demand for effective pesticides over time that stem largely from improvements in quality due to embodied technology, and that vary substantively by region.
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Farm Management.
Ano: 2000 URL: http://purl.umn.edu/11986
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A Translog Cost Function Analysis of U.S. Agriculture: 1948-1999 AgEcon
Ball, V. Eldon; Nehring, Richard F.; Moss, Charles B.; Erickson, Kenneth W..
This study examines the implications of the short-run specification of the standard, static translog cost function along with the possible implications of non-stationarity by estimating a dynamic translog cost specification complete with dynamic share equations for the U.S. using an empirical approach developed by Urga and Walters (2003). We compare the results of the static, long-run model with those of a dynamic, short-run error-correction model in terms of 1) significance of the parameter estimates, and 2) consistency with economic theory.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/35968
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Agricultural Productivity in the United States AgEcon
Ahearn, Mary Clare; Yee, Jet; Ball, V. Eldon; Nehring, Richard F..
Increased productivity is a key to a healthy and thriving economy. Consequently, the trend in productivity, economywide, is one of the most closely watched of our common economic performance indicators. Agriculture, in particular, has been a very successful sector of the U.S. economy in terms of productivity growth. The U.S. farm sector has provided an abundance of output while using inputs efficiently. Agricultural productivity growth has been an important source of U.S. economic growth throughout the century, but the years since 1940 have seen an even faster growth in agricultural productivity. The annual average increase in productivity from 1948 to 1994 was 1.94 percent. This reflects an annual growth in output of 1.88 percent per year and an actual...
Tipo: Report Palavras-chave: Productivity; Efficiency; Agricultural production; Outputs; Inputs; Productivity Analysis.
Ano: 1998 URL: http://purl.umn.edu/33687
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Incorporating Environmental Impacts in the Measurement of Agricultural Productivity Growth AgEcon
Ball, V. Eldon; Lovell, C.A. Knox; Luu, H.; Nehring, Richard F..
Agricultural production is known to have environmental impacts, both adverse and beneficial, and it is desirable to incorporate at least some of these impacts in an environmentally sensitive productivity index. In this paper, we construct indicators of water contamination from the use of agricultural chemicals. These environmental indicators are merged with data on marketed outputs and purchased inputs to form a state-by-year panel of relative levels of outputs and inputs, including environmental impacts. We do not have prices for these undesirable by products, since they are not marketed. Consequently, we calculate a series of Malmquist productivity indexes, which do not require price information. Our benchmark scenario is a conventional Malmquist...
Tipo: Journal Article Palavras-chave: Environmental impacts; Productivity growth; Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/30911
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State Productivity Growth: Catching Up and the Business Cycle AgEcon
Ball, V. Eldon; San Juan, Carlos; Ulloa, Camilo.
Selected paper AAEA 2012
Tipo: Presentation Palavras-chave: Agriculture; Convergence; Total factor productivity; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies.
Ano: 2012 URL: http://purl.umn.edu/123334
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Capital as a Factor of Production in OECD Agriculture: Measurement and Data AgEcon
Ball, V. Eldon; Lindamood, W.A.; Nehring, Richard F.; Mesonada, Carlos San Juan.
This paper provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973-2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past investments. The weights correspond to the relative efficiencies of capital goods of different ages, so that the weighted components of capital stock have the same efficiency. Estimates of the stock of land are derived from balance sheet data. We convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of levels of capital input among countries...
Tipo: Conference Paper or Presentation Palavras-chave: Financial Economics.
Ano: 2006 URL: http://purl.umn.edu/21315
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Accounting for Bads in the Measurement of Productivity Growth: A Cost Indirect Malmquist Productivity Measure and it Application to U.S. Agriculture AgEcon
Ball, V. Eldon; Fare, Rolf; Grosskopf, Shawna; Zaim, O.; Nehring, Richard F..
This paper starts with the basic premise that the conventional measures of productivity growth, which ignore joint production of good and bad outputs, are biased. We then construct an alternative productivity growth measure using activity analysis. An application to U.S. agriculture demonstrates its usefulness. More specifically, we show that the Tornqvist index of productivity is biased upward when production of undesirable outputs or "bads" is increasing. Conversely, this same measure of productivity is biased downward when externalities in production are decreasing.
Tipo: Conference Paper or Presentation Palavras-chave: Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/20442
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MODELING SUPPLY RESPONSE IN A MULTIPRODUCT FRAMEWORK REVISITED: THE NEXUS OF EMPIRICS AND ECONOMICS AgEcon
Ball, V. Eldon; Moss, Charles B.; Erickson, Kenneth W.; Nehring, Richard F..
This paper models supply response in U.S. agriculture using disaggregated output data and tests statistically key assumptions traditionally maintained in agricultural supply studies. Following Vasavada and Chambers; Shumway; and Ball, we use U.S.-level data, 1948-1999 to estimate a multiproduct supply response model for U.S. agriculture, and report our preliminary results.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/21981
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Productivity Growth in U.S. Agriculture AgEcon
Fuglie, Keith O.; MacDonald, James C.; Ball, V. Eldon.
Innovation and changes in technology have been a driving force for gains in productivity growth in U.S. agriculture. USDA's Economic Research Service has developed annual indexes of agricultural inputs, outputs, and total factor productivity (TFP) for 1948 through 2004. American agriculture relies almost entirely on productivity growth to raise output. By lowering the cost of agricultural commodities, productivity growth benefits not only farmers but also food manufacturers and consumers.
Tipo: Report Palavras-chave: Agriculture; Productivity; Productivity growth; Total factor productivity; TFP; Labor; Farm economy; Prices; Agricultural research; Agricultural output; Technology; ERS; USDA; Production Economics; Productivity Analysis.
Ano: 2007 URL: http://purl.umn.edu/6382
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Land Quality in an International Comparison: It's Importance in Measuring Productivity AgEcon
Nehring, Richard F.; Ball, V. Eldon; Breneman, Vincent E..
The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of total factor productivity. Land quality adjustments could potentially be enhanced further with additional data on soil characteristics, climate, and other productivity-related characteristics.
Tipo: Conference Paper or Presentation Palavras-chave: Total factor productivity; Hedonic techniques; Soil stress; Quality-adjusted land; Productivity Analysis.
Ano: 2002 URL: http://purl.umn.edu/24910
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U.S. Agriculture, 1960-96 A Multilateral Comparison of Total Factor Productivity AgEcon
Ball, V. Eldon; Butault, Jean-Pierre; Nehring, Richard F..
This study provides estimates of the growth and relative levels of agricultural productivity for the 48 contiguous States for the period 1960 to 1996. For the full 1960-96 period, every State exhibits a positive and generally substantial average annual rate of productivity growth. There is considerable variance, however. The wide disparity in growth rates resulted in substantial changes in the ranking order of States by productivity. For each year, we calculate the coefficient of variation of productivity levels. We use these coefficients to show that the range of levels of productivity has narrowed over time, although the pattern of convergence was far from uniform. The fact that in some States, productivity grew faster than others and yet the...
Tipo: Report Palavras-chave: Production accounts; Multilateral index numbers; Total factor productivity; Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/33590
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Impact of local public goods on agricultural productivity growth in the U.S. AgEcon
Sun, Ling; Ball, V. Eldon; Fulginiti, Lilyan E.; Plastina, Alejandro S..
In this paper we revisit the issue on the impact of public R&D expenditure on US agricultural productivity growth. We estimate a dual cost function using a state-by-year panel data set. We construct the potential R&D “spillins” based on both geographical location and production mix. We also examine the role of the extension service, transportation network, and human capital in the process of technology dissemination. The results indicate that higher levels of local public goods, R&D spillins, extension activities, and an intensive transportation network decrease costs. The contributions to agricultural productivity from all series of R&D spillins are positive even though the social rate of return may differ.
Tipo: Conference Paper or Presentation Palavras-chave: Productivity; Public R&D expenditure; Cost function; Extension services; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; O3; O4.
Ano: 2009 URL: http://purl.umn.edu/49333
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A TRANSLOG COST FUNCTION ANALYSIS OF U.S. AGRICULTURE: A DYNAMIC SPECIFICATION AgEcon
Moss, Charles B.; Erickson, Kenneth W.; Ball, V. Eldon; Mishra, Ashok K..
This study has used an empirical approach developed by Urga and Walters (2003) to examine the implications of the short-run specification of the standard translog cost specification along with the possible implications of non-stationarity. We have estimated a dynamic translog cost specification complete with dynamic share equations for U.S. agriculture and compared it to the static, long-run specification. We found that the dynamic translog specification yielded more significant parameter estimates, and yielded results that are consistent with economic theory. In particular, the coefficient m (the adjustment cost parameter) determines the overall autoregressive structure of the model. The fact that its estimated value (0.36) is statistically different...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/22027
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