Total Factor Productivity Growth in Agriculture: The Role of Technological Capital



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https://www.researchgate.net/publication/251469430_Chapter_72_Total_Factor_Productivity_Growth_in_Agriculture_The_Role_of_Technological_Capital
DOI: 
10.1016/S1574-0072(09)04012-2
ISBN: 
9780444518743
ISSN: 
10.1016/S1574-0072(09)04012-2
Provider: 
Licensing of resource: 
Not open / All rights reserved
Type: 
book chapter
Book Source: 
Handbook of Agricultural Economics, Vol. 4, Elsevier.
Author(s): 
Dias Avila, A. F.
Evenson, R. E.
Publisher(s): 
Description: 

In this chapter the authors compute measures of total factor productivity (TFP) growth for developing countries and then contrast TFP growth with technological capital indexes. In developing these indexes, the authors incorporate schooling capital to yield two new indexes: Invention-Innovation Capital and Technology Mastery. They find that TFP performance is strongly related to technological capital and that technological capital is required for TFP and cost reduction growth. Investments in technological capital require long-term (20- to 40-year) investments, which are typically made by governments and aid agencies and are the only viable escape route from mass poverty.

Publication year: 
2010