Structural dynamics and sustainability in the agricultural sector: the case of the European Union

2024-08-19
Structural dynamics and sustainability in the agricultural sector: the case of the European Union
Authors: Bo Kaitlyn PengIERDdr. Rasa MelnikienėIERDdr. Tomas BaležentisIERDGiulio Paolo Agnusdei

Abstract


This paper seeks to draw a research agenda for unveiling the underlying bottlenecks
and possibilities for improving the agricultural total factor productivity in the European
Union (EU). To this aim, the paper first surveys the key challenges for the modern
agricultural economy. Then, the case of the EU is discussed by looking at the convergence
in the partial productivity indicators (including the GHG emission) and growth
efficiency that relate to the gap in the total factor productivity growth. The results
suggest that the EU member states exhibited growth inefficiency (i.e., a gap in the total
factor productivity growth) of 5–9% on average during 2004–2021. The paper also discusses
the possibilities to utilize the production theory for assessing the pathways
towards improvements in the productivity and sustainability of the EU agriculture.

 

Peng, B.; Melnikienė, R.; Baležentis, T.; Paolo Agnusdei, G. 2024. Structural dynamics and sustainability in the agricultural sector: the case of the European Union. Agricultural and Food Economics : SpringerOpen. eISSN 2193-7532. 12, 31, p. 1–27. DOI: 10.1186/s40100-024-00321-x. [Scopus; Science Citation Index Expanded (Web of Science)].
 

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