A common observation is that measures of productivity growth are pro-cyclical, meaning they are higher (or grow faster) on average during periods of economic expansion than during periods of economic contraction. This study focuses on measurement errors related to capital inputs as an...

CONTEXT -- A Brief History of U.S. Agriculture -- INPUTS, OUTPUTS AND PRODUCTIVITY -- Agricultural Inputs -- Agricultural Outputs -- Agricultural Productivity Patterns -- AGRICULTURAL R&D FUNDING AND POLICIES -- Research Funding and Performance -- The Federal Role -- MODELS OF R&D AND...