Size and Productivity in the U.S. Milling and Baking Industries
Posted: 14 Nov 2000
From the late 1950s through mid-1990s, productivity growth in U.S. grain milling and feed manufacturing has been consistently strong and positive. In grain milling, approximately 15% of the growth is due to size economies. Technical change has been capital-using, increasingly material-saving, and, in recent years, decreasingly labor-saving or increasingly labor-using. The quality of capital has risen relative to that of labor and materials. In all but the baking industry, capital intensification and incentives for plant size growth remain unabated.
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