This study examines the impact of adoption of improved wheat technology package (including improved wheat varieties, information regarding improved wheat management practices as well as artificial/chemical fertilizer) on productivity using 837 sample farm households in Oromia Regional State, Ethiopia. Propensity score matching (PSM) technique was employed since it is an increasingly utilized standard approach for evaluating impacts using observational data of a single period. It is found that full adoption of improved wheat technology package appears to significantly increase productivity growth on the average by 61 to 67% for farm households in the study area. Thus, the study recommends that full adoption of improved wheat technology package could be an effective strategy to enhance productivity and, thereby, production that contributes a lot to the structural transformation of the Ethiopian economy.