InSTePP United States Production Accounts
The InSTePP production accounts consist of an evolving series of accounts designed to track, analyze and help understand the nature and sources of production and productivity growth in U.S. agriculture. Construction of the accounts began in 1984 under the continuing leadership of Philip Pardey at the University of Minnesota's International Science and Technology Practice and Policy (InSTePP) center. The core elements of the accounts consist of aggregate input and output price and quantity indexes constructed for U.S agriculture at both the state and national levels. The accounts also include state and national level estimates of multi-factor productivity. Since the inception of the accounts, particular attention has been paid to adjusting for quality (compositional) change in the primary inputs of land, labor and capital.
This is an on-going area of interest for InSTePP. Each version of the accounts supersedes the previous version, but in the interests of continuity and transparency, older versions of the accounts are kept available on line. The analytical and policy products developed from these data are clustered below with the respective version of the series used to develop these products. Documentation of the procedures used to construct the accounts are available here.