A NONLINEAR GROWTH MODEL OF PRODUCTIVITY IN AGRICULTURE EU
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The basic aims of this paper are: firstly, to set up a nonlinear labour
productivity growth model; and secondly, and secondly, to analyze the local
stability of of labour productivity in agriculture according to the presented logistic
growth model in the European Union countries in the period 1993-2005
(www.economgaic.com).
A key hypothesis of this work is based on the idea that the coefficient π =1
+ α (α means autonomous growth rate of labour productivity in agriculture) plays
a crucial role in explaining labour productivity stability in agriculture.