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Measurement and analysis of agricultural productivity in Colombia

Bibliographic Data

ID12939281
AuthorsManuel I Jiménez (corresponding author), Philip C Abbott, Kenneth Foster (0000-0003-4571-8334)
Year2019
Volume11
Issue20
Pages4-37
Publication date2019-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCo-herencia (JOURNAL)
Journal identifiersISSN: 1794-5887 • E-ISSN: 2539-1208
PublisherUniversidad EAFIT (PUBLISHER • CO)
DOI10.17230/ecos.2019.47.1
OpenAlexW2900394321
LanguageEN
References cited58

Tremendous agricultural potential in Colombia has gone untapped for decades due to: i) civil strife and the criminal drug trade; ii) uncertain property rights; iii) inadequate infrastructure; iv) lack of innovation and technological development; v) lack of funding, vi) lack of investment; and vii) misallocation of resources within the sector. Proof of this is the relatively lower growth of the value of Colombia’s agriculture versus other countries in the region during the agricultural prices booms (FAO, 2015). This paper analyzes whether Colombia’s weak agricultural performance was due to low productivity growth rather than input accumulation. Using econometric specifications, this paper finds that Colombia’s agricultural productivity grew on average between 0.8% and 1.3% annually from 1975 and 2013. This growth was mainly driven by livestock and poultry productivity, which grew between 1.6% and 2.2%, while crop productivity grew between 0% and 0.8%. Likewise, this paper finds biased technical and scale effects whenever the models are able to test their presence. In addition, it finds evidence that Colombia’s agricultural productivity growth was affected by changing economic circumstances. These results are significant for post-conflict rural investment because they provide information about the returns on future government investment options in the rural sector of Colombia

Agricultural economics · Agricultural productivity · Agriculture · Boom · Business · Development economics · Economic growth · Economics · Geography · Government (linguistics · Investment (military · Political science · Productivity · Agricultural and Food Production Studies · Business, Innovation, and Economy · Economics of Agriculture and Food Markets

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