The role of energy productivity in US agriculture Public Deposited

http://ir.library.oregonstate.edu/concern/articles/gq67js817

To the best of our knowledge, one or more authors of this paper were federal employees when contributing to this work. This is the publisher’s final pdf. The published article is copyrighted by Elsevier and can be found at:  http://www.journals.elsevier.com/energy-economics/

Descriptions

Attribute NameValues
Creator
Abstract or Summary
  • This paper investigates the role of energy on U.S. agricultural productivity using panel data at the state level for the period 1960–2004.We first provide a historical account of energy use in U.S. agriculture. To do this we rely on the Bennet cost indicator to study how the price and volume components of energy costs have developed over time. We then proceed to analyze the contribution of energy to productivity in U.S. agriculture employing the Bennet–Bowley productivity indicator. An important feature of the Bennet–Bowley indicator is its direct association with the change in (normalized) profits. Thus our study is also able to analyze the link between profitability and productivity. Panel regression estimates indicate that energy prices have a negative effect on profitability in the U.S. agricultural sector. We also find that energy productivity has generally remained below total farm productivity following the 1973–1974 global energy crisis.
Resource Type
DOI
Date Available
Date Issued
Citation
  • Ball, V. E., Färe, R., Grosskopf, S., & Margaritis, D. (2015). The role of energy productivity in US agriculture. Energy Economics, 49, 460-471. doi:10.1016/j.eneco.2015.03.006
Series
Keyword
Rights Statement
Publisher
Peer Reviewed
Language
Replaces
Additional Information
  • description.provenance : Approved for entry into archive by Patricia Black(patricia.black@oregonstate.edu) on 2015-08-26T14:57:24Z (GMT) No. of bitstreams: 1 FäreREconomicsRoleEnergyProductivity.pdf: 1935496 bytes, checksum: 7bc8884ce3fb79f8f65aba646ab1cf7b (MD5)
  • description.provenance : Made available in DSpace on 2015-08-26T14:57:24Z (GMT). No. of bitstreams: 1 FäreREconomicsRoleEnergyProductivity.pdf: 1935496 bytes, checksum: 7bc8884ce3fb79f8f65aba646ab1cf7b (MD5) Previous issue date: 2015-05
  • description.provenance : Submitted by Patricia Black (patricia.black@oregonstate.edu) on 2015-08-26T14:57:01Z No. of bitstreams: 1 FäreREconomicsRoleEnergyProductivity.pdf: 1935496 bytes, checksum: 7bc8884ce3fb79f8f65aba646ab1cf7b (MD5)

Relationships

Parents:

This work has no parents.

Last modified

Downloadable Content

Download PDF

Items