Abstract
Abstract Argentina’s G20 presidency has emphasized the need to improve soil management and sustainably increase agricultural productivity to achieve an inclusive and resilient food future. While increased agricultural productivity can improve economic welfare and help address food security problems by benefiting both consumers and producers simultaneously, it also must address the depletion of already scarce natural resources. In the context of a changing climate, sustainable and resilient agricultural production forms a major cornerstone of both adaptation and mitigation strategies. The global community needs to have the proper tools with which to monitor sustainable agricultural productivity gains, identify countries and sectors lagging behind, and commit R&D efforts accordingly to address the challenges ahead. As such, it is suggested that 1) an international consortium should monitor agricultural total factor productivity (TFP) to provide international comparisons and track performance over time; 2) the G20 should acknowledge and address the issue of sustainable productivity measurement, and; 3) the G20 should support more in-depth research into the relationship between agricultural TFP and agricultural R&D.
Highlights
The relationship between agricultural productivity and agricultural R&D lies at the core of any long-term sustainable agricultural development strategy
As an economy-wide concept, agricultural TFP could be defined as the ratio between value added in agriculture and the factors of production used in the production process
Since total factor productivity in agriculture is strongly influenced by policies, institutions, socioeconomic forces, and environmental conditions, having a proper estimate of TFP can help policy makers, researchers, and farmers gain a better understanding of the effect of those variables on the level of production
Summary
The relationship between agricultural productivity and agricultural R&D lies at the core of any long-term sustainable agricultural development strategy. A combination of the right set of innovations to protect soil, water, and other natural resources will deliver the increase in production needed to feed the world’s ever-growing and ever-richer population while still achieving the Sustainable Development Goals (SDG)
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