Productivity in the Agricultural Sector: A Global Outlook from a Latin American Perspective

Translated title of the contribution: Productivity in the Agricultural Sector: A Global Outlook from a Latin American Perspective

Research output: Contribution to journalArticlepeer-review

Abstract

Agricultural productivity has been the focus of intense scrutiny since the time of Adam Smith. In this article, we focus on agricultural productivity from two perspectives. First, we provide estimates of total factor productivity (TFP) growth for a panel of 79 countries over a period of approximately 60 years. Second, we investigated the potential determinants of productivity growth, which include infrastructure, macroeconomic variables, and variables related to climate change. We find that productivity varies greatly across countries, with leading countries showing annual agricultural productivity growth between 2% and 3%. In regards to productivity determinants, we find small within-country effects but significant between-country effects.

Translated title of the contributionProductivity in the Agricultural Sector: A Global Outlook from a Latin American Perspective
Original languageEnglish
Pages (from-to)288-302
Number of pages15
JournalInternational Journal of Agriculture and Natural Resources
Volume48
Issue number3
DOIs
StatePublished - 1 Dec 2021
Externally publishedYes

Keywords

  • Agriculture
  • panel data
  • productivity

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