Retail Value and Farm Income by Commodity Groups

Harry C. Norcross

Journal of Agricultural Economics Research, 1961, vol. 13, issue 01, 7

Abstract: This article analyzes 1955 data on gross farm income, production expenditures, net income, and marketing charges, by major commodity groups. This piece of research is largely a byproduct of the Agricultural Industrial Relations Study of 1955 which provided some insights into the impact of purchases and sales of the farm economy. The framework of analysis is the same as that used in an earlier article published in the January 1952 issue of Agricultural Economics Research, "Some Relationships Between Agriculture and the General Economy," by Karl A. Fox and the author of the present paper. In the earlier article, data for the year 1947 were analyzed. The analysis in the article that follows shows the way each of seven major groups of expenditures is distributed among the commodity categories, and the percentage use that each commodity group makes of each expenditure group in its total production expenses.

Keywords: Consumer/Household Economics; Demand and Price Analysis; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 1961
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:145202

DOI: 10.22004/ag.econ.145202

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