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A vision about the farming sector’s future: What is in there for farmers in the time of the second machine age?

Marian Rizov

No 250134, Lincoln Economics and Finance Agecon Working Papers from University of Lincoln, Lincoln International Business School

Abstract: Recent technological advances both on the farm and in the lab have made farming more independent form nature than ever before. Arguably, the new and accessible technologies are helping us to better understand and ‘manage’ nature and thus for first time in history farming is becoming as any other industry, susceptible to specialisation and economies of scale. This in turn, besides increased productivity, leads to fundamental organisational change away from family control towards corporate forms with associated implications for employment and rural livelihoods – new technology in farming replaces both ‘muscles and brains’.

Keywords: Agribusiness; Agricultural and Food Policy; Industrial Organization; Labor and Human Capital; Production Economics; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 6
Date: 2016-03-22
New Economics Papers: this item is included in nep-agr and nep-his
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https://ageconsearch.umn.edu/record/250134/files/Futureoffarming%20agecon.pdf (application/pdf)

Related works:
Working Paper: A vision about the farming sector’s future: What is in there for farmers in the time of the second machine age? (2016) Downloads
Working Paper: A vision about the farming sector’s future: What is in there for farmers in the time of the second machine age? (2016) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ulefwp:250134

DOI: 10.22004/ag.econ.250134

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