Journal
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
Volume 102, Issue 4, Pages 1198-1226Publisher
WILEY
DOI: 10.1002/ajae.12090
Keywords
Agriculture; productivity; technical change; weather
Categories
Funding
- Increasing Water Productivity, Nutrient Efficiency and Soil Health in Rainfed Food Systems of Semi-Arid Southern Great Plains from the USDA National Institute of Food and Agriculture [2019-68012-29888]
- European Commission Horizon 2020 Marie Sklodowska-Curie Individual Fellowship Scheme [705360]
- Marie Curie Actions (MSCA) [705360] Funding Source: Marie Curie Actions (MSCA)
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The interaction between US state-level TFP growth and weather is investigated using growth-accounting techniques. The focus is on examining how that interaction changed between the 1960s and the end of the twentieth century. An empirical approximation to the production frontier constructed using state-level data and mathematical programming techniques is used to decompose observed state-level agricultural TFP growth into four components: technical change, weather-related shifts in the frontier, input/scale effects, and adaptation to the frontier. Technical change and adaptation to the frontier play a significant role in determining average state total factor productivity. Weather-related effects differ across Climate-Hub Regions but are of particular importance in the Midwest.
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