1st Edition

The Economics of American Agriculture Evolution and Global Development

By Steven C. Blank Copyright 2008
488 Pages
by Routledge

488 Pages
by Routledge

488 Pages
by Routledge

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... Read more
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

Biography

Steven C. Blank