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| 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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| Roberts, Lisa A.; Leitch, Jay A.. |
| The objective of this study was to estimate some economic values of Mud Lake, a managed, lacustrine wetland on the Minnesota-South Dakota border. Several outputs of Mud Lake were identified and an economic value was estimated for each. Flood control was valued at approximately $440 per acre, based on dollar damages prevented; water supply, using public utility revenues, was valued at $94 per acre; fish/wildlife habitat, recreation, and aesthetics were valued at about $21 per acre using the Contingent Valuation Method; and corrective expenditures were used to evaluate water quality at a negative per acre value of $180. When capitalized at 6 percent, the estimated total annual value of these four outputs is $6,250 per acre. These values can assist... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Wetland; Outputs; Economic valuation; Flood control; Water supply; Water quality; Recreation; Aesthetics; Fish/wildlife habitat; Contingent valuation method; Resource /Energy Economics and Policy; Land Economics/Use. |
| Ano: 1997 |
URL: http://purl.umn.edu/23406 |
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