The Economics of American Agriculture: Evolution and Global Development

Evolution and Global Development
1. Auflage 2008
ISBN: 978-0-7656-2228-0
Verlag: Taylor & Francis Ltd

Buch, Englisch, 488 Seiten, Format (B × H): 174 mm x 246 mm, Gewicht: 1043 g

This book answers the questions: What is happening to American agriculture, and why? Steven C. Blank uses portfolio theory to analyze both macro- and microeconomic data that paints a clear picture of the trends in agriculture, and explains why these trends are consistent with market evolution and global economic development. He clarifies agriculture's specific role in economic development with a focus on the current and future globalizing commodity markets.The book features empirical research that demonstrates the link between farm-level investment decisions and regional and national economic trends. It shows how the dynamic environment of industrialization and globalization of agriculture is part of a continuing development that is driven by technological innovation. This all points to a future with a very different agricultural production sector and some extremely important policy choices that will face the entire country.

Autoren/Hrsg.

Blank, Steven C.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Arbeitsmarkt

Inhaltsverzeichnis

I: American Agriculture and Globalization; 1: Is American Agriculture Shrinking?; 2: American Agriculture's Life Cycle; 3: Profit Patterns Across American Agriculture; 4: Agricultural Profits and Farm Household Wealth; II: The Economics of Agriculture and Global Development; 5: The Economic Food Chain of Global Development; 6: Commodities and the Profit Squeeze; 7: Technology as Catalyst and Treadmill; 8: Economic Development and the Irony of American Agriculture's Technical Progress; III: Global Agriculture's Effect on Market Evolution; 9: Farmland Values and Uses as Indicators of National Wealth; 10: International Mutual Dependence; IV: American Production Agriculture's Response; 11: Producers as Investors and Portfolio Managers; 12: Measuring Risk for Decision Making; 13: Portfolio Decision Making of Farmland Owners and Tenants; 14: Is The Market Failing Producers Who Wish to Manage Risks?; 15: Hedging With Off-Farm Income; 16: Commodity Market Evolution; 17: Regional Agriculture as a National Industry; V: American Agricultural Policy Questions; 18: The Role of American Agribusiness; 19: Is Agriculture a “Way of Life”or a Business?; 20: The Role of American Agricultural Policy

Über Autor(innen)

Steven C. Blank