The Economics of American Agriculture

The Economics of American Agriculture : Evolution and Global Development

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Description

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.show more

Product details

  • Paperback | 488 pages
  • 175.26 x 248.92 x 27.94mm | 839.14g
  • Taylor & Francis Inc
  • M.E. Sharpe
  • Armonk, United States
  • English
  • tables, figures, maps, equations, bibliographic references, glossary, index
  • 0765622297
  • 9780765622297