Premium
Labor productivity and agribusiness
Author(s) -
Polopolus Leo C.
Publication year - 1986
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(198623)2:3<269::aid-agr2720020302>3.0.co;2-#
Subject(s) - agribusiness , productivity , economics , econometrics , agricultural economics , agriculture , macroeconomics , geography , archaeology
Labor productivity growth in the agribusiness sector represents a mixture of strong and weak performance. While labor productivity growth on United States farms has been considerably above average for several decades, the record of performances of labor productivity in food retailing, transportation, food service, and selected food processing industries has been poor. Opportunities for both systems wide and firm level improvements in productivity are outlined. Improved productivity growth in the agribusiness sector of the United States economy can contribute to a lower inflation rate, improved competitiveness of American food and fiber producers, and an increase in the standard of living, among other benefits.