Agriculture in the macroeconomy: Theory and measurement
Philip Abbott and
Chapter 32 in Handbook of Agricultural Economics, 2002, vol. 2, Part 1, pp 1659-1686 from Elsevier
Macroeconomic events and policies strongly influence agricultural sector outcomes. Chapters synthesized here delineate both feed-forward and feedback linkages between agriculture and the macroeconomy, examining how relationships change as countries develop and undergo structural transformation. Historically, most aggregate work by agricultural economists follows a neo-classical paradigm, and the micro-foundations approach to macroeconomics. More microeconomic approaches and some recent aggregate efforts address institutional issues and market imperfections that lie behind alternative approaches to macroeconomics. Controversies on macroeconomic theory and data limitations have constrained the extent to which macroeconomic issues have been incorporated into agricultural economics research.
JEL-codes: Q00 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://www.sciencedirect.com/science/article/B7P5B ... 60949413e6a35c3dbe1d
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:eee:hagchp:3-32
Access Statistics for this chapter
More chapters in Handbook of Agricultural Economics from Elsevier
Series data maintained by Shamier, Wendy ().