Morphology, Modes of Behavior, and Measures of Market Power: A Framework for Evaluating the Impact of Industrialization of Southern Agriculture on Markets and Market Structure

Richard A. King

Journal of Agricultural and Applied Economics, 1970, vol. 2, issue 1, 41-45

Abstract: In spite of the volume of literature produced over the years reflecting concern over the present state of the arts, the situation is likely to continue. However, there are several new ideas that offer some promise for improving our understanding and ability to project new relationships in the agribusiness sector of the Southern region. Although the title of this article implies a one-way set of forces working from agricultural industrialization to market structure, some of our colleagues regard this relationship as a two way process with forces at work in each sector having strong impacts on the other. It is these interdependencies that make the task of model building so difficult and empirical analysis so complex.

Date: 1970
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