Spreadsheet: 09324927-fd67-4f59-afcb-52eeba5678ac
Sheet: Sheet1

Table 2. Sources of growth: U.S. farm sector (average annual growth rates), 1948-2011 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10 | Unnamed: 11 | Unnamed: 12 | Unnamed: 13 | Unnamed: 14 | Unnamed: 15
 |  |  | 1948-2011 | 1948-1953 | 1953-1957 | 1957-1960 | 1960-1966 | 1966-1969 | 1969-1973 | 1973-1979 | 1979-1981 | 1981-1990 | 1990-2000 | 2000-2007 | 2007-2011
Output growth |  |  | 1.491863588744146 | 1.077155287195898 | 0.9388797562298736 | 3.874648537275334 | 1.19699675677049 | 2.268894211740812 | 2.678066113159778 | 2.257003552878782 | 1.539958680370709 | 0.9884701054250024 | 1.858578256986006 | 0.7803725662583934 | -0.2613306927090533
Sources of growth
 | Input growth |  | 0.06689666960222318 | 0.7702936191822087 | 0.2742725681879368 | 0.6649045638909543 | 0.1687745739861779 | 0.7337603493390064 | 0.3934550109670251 | 1.62323983926787 | -2.507010890342358 | -1.193334945262541 | 0.04154718775060584 | 0.4669804560968995 | -1.296567057235444
 |  | Labor | -0.4960227930779597 | -0.7938891611665494 | -1.068411736708685 | -0.8307811294499047 | -0.8113379581276688 | -0.6077067214539238 | -0.3828207369157564 | -0.1866313405355483 | -0.2158149373410318 | -0.4293378926681038 | -0.341845358640399 | -0.3444628111620853 | -0.2616041864141431
 |  | Capital | -0.06540928476391118 | 0.5580775526339757 | -0.002022403638410331 | -0.1241467202756829 | 0.01472746934894291 | 0.1058167009091007 | -0.1225947482081601 | 0.3182283260594483 | 0.1136607508285981 | -0.712363920509271 | -0.2129907345511247 | -0.02255848446843331 | 0.02908042736397974
 |  | Materials | 0.6283287474440941 | 1.006105227714782 | 1.344706708535032 | 1.619832413616542 | 0.9653850627649039 | 1.235650369883829 | 0.8988704960909415 | 1.49164285374397 | -2.404856703829925 | -0.05163313208516615 | 0.5963832809421296 | 0.8340017517274182 | -1.06404329818528
 | Total factor productivity |  | 1.424321867772301 | 0.3001064640134098 | 0.6644147024217001 | 3.208064480361627 | 1.028547266137325 | 1.53504917778114 | 2.285054178178267 | 0.6302054376843093 | 4.056092813588867 | 2.185506293439375 | 1.815921669306 | 0.3122660289563073 | 1.031297866485915
Source decomposition
 | Labor
 |  | Hours | -0.5801878886082679 | -1.015028152718714 | -1.188141473071244 | -0.8667475832717502 | -1.078627632469353 | -0.8927945017673029 | -0.4265024481077621 | -0.1989857897470049 | -0.1890405674717509 | -0.4915328730037858 | -0.3749375908054546 | -0.3484583985671886 | -0.2708380138983804
 |  | Quality | 0.08416509553030807 | 0.221138991552166 | 0.1197297363625588 | 0.03596645382184557 | 0.2672896743416846 | 0.2850877803133799 | 0.04368171119200611 | 0.0123544492114563 | -0.0267743698692803 | 0.06219498033568099 | 0.03309223216505627 | 0.003995587405103536 | 0.009233827484236564
 | Capital
 |  | Stocks | -0.07104157416945622 | 0.3295180771119686 | -0.1159381117395113 | -0.1038064876887005 | 0.01825406657417643 | -0.1023206236279912 | -0.2014046662279965 | 0.2296738604672524 | -0.04865791061468006 | -0.3922534880175111 | -0.1066544242302259 | -0.1197705401691064 | -0.04762235944777186
 |  | Quality | 0.005632289405545145 | 0.2285594755220086 | 0.1139157081011005 | -0.02034023258698441 | -0.003526597225234461 | 0.2081373245370889 | 0.07880991801983883 | 0.08855446559219651 | 0.1623186614432797 | -0.3201104324917602 | -0.1063363103208985 | 0.09721205570067443 | 0.07670278681175072
 | Materials
 |  | Quantity | 0.6172807173886743 | 1.116397260895843 | 1.192141944945038 | 1.549443678677469 | 0.8645906613221168 | 1.060389095144442 | 0.8814480822644296 | 1.683316922920054 | -2.626428133677309 | -0.02581389011750408 | 0.6112595854280529 | 0.8690205354816756 | -1.203790842247367
 |  | Quality | 0.01104803005541937 | -0.1102920331810581 | 0.1525647635899935 | 0.07038873493907133 | 0.1007944014427865 | 0.175261274739386 | 0.01742241382651792 | -0.1916740691760886 | 0.2215714298473843 | -0.02581924196766345 | -0.01487630448592348 | -0.0350187837542557 | 0.1397475440620833
Note: The subperiods are measured from cyclical peak to peak in aggregate economic activity.