A PORTFOLIO OF THREATS TO AMERICAN AGRICULTURE

Steven Blank ()

Contemporary Economic Policy, 2002, vol. 20, issue 4, 381-393

Abstract: This article outlines some of the biggest economic issues threatening the long‐term survival of American farming and ranching. In general, the threats are derived from the intersection of global and local scales of decision making. International economic development, personal finance decisions, and political, social, and environmental issues are all part of the portfolio of threats. At the top of the list of threats is the bottom line. Profit margins are being squeezed, causing producers to diversify out of agriculture to earn sufficient returns to enable them to remain in agriculture as long as possible. American policy is expected to allow agriculture to continue shrinking because (1) the sector is losing its comparative advantage, and (2) it may become a deadweight loss to the economy.

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1093/cep/20.4.381

Related works:
Working Paper: A PORTFOLIO OF THREATS TO AMERICAN AGRICULTURE (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:coecpo:v:20:y:2002:i:4:p:381-393

Ordering information: This journal article can be ordered from
https://ordering.onl ... 5-7287&ref=1465-7287

Access Statistics for this article

Contemporary Economic Policy is currently edited by Brad R. Humphreys

More articles in Contemporary Economic Policy from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().