Convergence in US and EU agriculture

Authors
Citation
L. Gutierrez, Convergence in US and EU agriculture, EUR R AGR E, 27(2), 2000, pp. 187-206
Citations number
35
Categorie Soggetti
Agriculture/Agronomy,Economics
Journal title
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS
ISSN journal
01651587 → ACNP
Volume
27
Issue
2
Year of publication
2000
Pages
187 - 206
Database
ISI
SICI code
0165-1587(200006)27:2<187:CIUAEA>2.0.ZU;2-O
Abstract
This paper finds strong and robust evidence of convergence of labour produc tivity in agriculture across all US states and 11 EU countries during 1970- 1992. Moreover, off-farm migration has a positive effect on the speed of co nvergence, especially in the EU. Holding the off-farm migration rate consta nt, the speed of convergence for EU countries (2.9 per cent per year) is st ronger than for US states (1.9 per cent per year). A convergence speed of 2 .9 per cent means that an EU country needs about 10 years to eliminate one- quarter of the gap between its initial output per worker and its own steady state, and half a century to eliminate three-quarters of the gap.