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Can Economic Growth Be Sustained?The Collected Papers of Vernon W. Ruttan and Yujiro Hayami$
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Keijiro Otsuka and C. Ford Runge

Print publication date: 2011

Print ISBN-13: 9780199754359

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199754359.001.0001

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The Contribution of Technological Progress to Farm Output, 1950–1975

The Contribution of Technological Progress to Farm Output, 1950–1975

(p.23) Chapter 3 The Contribution of Technological Progress to Farm Output, 1950–1975
Can Economic Growth Be Sustained?

Vernon W. Ruttan

Oxford University Press

This chapter outlines an analytical scheme that distinguishes between the contributions of technological change and increased non-labor inputs. It presents a set of alternative technological change and factor input models for American agriculture, which can be used to illustrate the possible consequences of alternative rates of technological change on certain aggregate input categories during the next quarter century. The chapter concludes with a discussion of questions in agricultural policy that arise from the close relationship between technological change and input requirements.

Keywords:   technological change, non-labor inputs, American agriculture, agricultural policy, input requirements, factor input models

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