Inflation and Canadian Agriculture: Effects on Efficiency, Productivity, and Equity

Michele M. Veeman and Terrenec S. Veeman

No 197280, 1983 Occasional Paper Series No. 3 from International Association of Agricultural Economists

Abstract: Since 1973, inflation has been a pervasive phenomenon affecting the agricultural sectors of most developed and developing countries. Despite its current significance, the issue of inflation and its impact on the agricultural sector is remarkably under-researched. In this paper we assess some of the economic impacts of inflation on Canadian agriculture in an attempt to isolate major influences and their effects. We consider effects on the prices of farmland, the increased risk and uncertainty affecting the industry, and a possible deterioration in the terms of trade between agriculture and the rest of the economy. We assess the effect of these and other inflation related influences on efficiency, productivity, and equity in the Canadian agricultural sector. The general conclusion of the paper is that the impacts of inflation on efficiency and productivity appear to have been minor compared to its distributional effects.

Keywords: Agribusiness; Farm Management; International Development (search for similar items in EconPapers)
Pages: 5
Date: 1983
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/197280/files/a ... pers-1983-008_1_.pdf (application/pdf)

Related works:
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:ags:iaaeo3:197280

DOI: 10.22004/ag.econ.197280

Access Statistics for this paper

More papers in 1983 Occasional Paper Series No. 3 from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).