The Economics of American Agriculture: Evolution and Global Development : Evolution and Global Development
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.
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- Hardback | 488 pages
- 180.34 x 248.92 x 30.48mm | 884.5g
- 15 Oct 2008
- Taylor & Francis Ltd
- London, United Kingdom
- tables, figures, maps, equations, bibliographic references, glossary, index