1. Animal (2019) 13:5, pp 1063-1073
1.1. 2017 JIF: 1.870
1.2. Cambridge, England
2. VEYSSET, P; LHERM, M; BOUSSEMART, J.P; NATIER, P
2.1. INRA, Université Lille
2.2. France
3. Economy!
4. Conclusion
4.1. farmers'incomes are stagnating
4.1.1. net losers
5. Generation and distribution of productivity gains
6. Methodology
6.1. Surplus Accounting Method
6.1.1. Firm's productivity factors
6.1.1.1. intermediate inputs, capital, land, labour
6.1.1.2. performing
6.1.1.3. productivity gains redistributed
6.1.1.3.1. agents in the economy
6.1.2. database
6.1.2.1. 164 Charolais
6.1.2.2. suckler cattle
6.1.2.3. 1980 ~ 2015
7. Results
7.1. Cumulative productivity surplus
7.1.1. +0.17%/year
7.1.2. outputs produced x inputs used
7.1.3. constant expansion in labour productivity
7.1.3.1. other factors shrunk
7.1.4. macrotrend
7.1.4.1. Commercial farm business struggle to protect their revenues
7.1.4.2. slight fall
7.1.4.2.1. input prices
7.1.4.2.2. land rent
7.1.4.2.3. financing costs
7.1.4.3. huge climb
7.1.4.3.1. direct support-policy payments
7.1.5. bulk of cumulative economic surplus
7.1.5.1. downstream
7.1.5.1.1. 64%
7.1.5.1.2. 22%
7.1.5.2. productivity gains in BCF benefit
7.1.5.2.1. packers-processors
7.1.5.2.2. distributors
7.1.5.2.3. consumers
7.1.5.3. government money
7.1.5.3.1. backing drop in prices of agricultural output
7.1.6. 1992 "MacSharry' reform
7.1.6.1. transfer from taxpayer through direct support-policy payments through to the consumer
7.1.6.1.1. via lower prices