A Total Factor Productivity Index for Scottish Agriculture 1973-2004
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Thirtle et al (2003) have provided a Total
Factor Productivity (TFP) index for UK agriculture. This note follows a similar methodology to construct a TFP index for Scottish agriculture beginning in 1973 and
ending in 2004. Essentially, Scottish agricultural growth grew strongly during the 1970s but then fell to negative levels over the period 1984-2004. In comparison to the
UK Index, Scotland has performed poorly and is only showing signs of a positive recovery from 2000 onwards.
