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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...
Persistent link: https://www.econbiz.de/10005526043
This paper employs a panel data set of 48 states from 1960 to 1996 to investigate the relationships of government policies (public agricultural research and development (R&D), extension, and government commodity program payments) to changes in farm size. Five different farm size measures are...
Persistent link: https://www.econbiz.de/10005640348
Because of policy interest in the size distribution of farms, there is an interest in understanding the causes of changing farm sizes. This paper addresses an overlooked issue in the literature on the determinants of farm size, namely, the empirical specification of farm size. We examine 5...
Persistent link: https://www.econbiz.de/10005805263
In 1914, the Cooperative Extension Service was established to disseminate information about agriculture and home economics from land-grant universities to the U.S. public. At that time, about 30 percent of U.S. workers were in agriculture-related occupations; by the late 1990s, that share had...
Persistent link: https://www.econbiz.de/10005806538
Economic theory alone cannot predict the impacts of government payments on farm structure. We estimate a 5-equation model for the 1978-96 period to measure the impacts using state micro and macro data sets. We found that government payments were positively associated with farm size and farm...
Persistent link: https://www.econbiz.de/10005806755
Our paper begins with a consideration of the causal relationships among productivity, farm structure, government farm payments and public investments in research and extension. We then empirically test key relationships for a relatively recent period (1960-96) in the history of agricultural...
Persistent link: https://www.econbiz.de/10005801086
This paper examines the linkages among agricultural total factor productivity, farm size, and farm household participation in the off-farm labor market for the Southeastern states for the period 1960-1996. We find evidence of a simultaneous relationship between productivity and measures of farm...
Persistent link: https://www.econbiz.de/10005320850