THE CHALLENGE TO THINK BIG AS AMERICAN AGRICULTURE SHRINKS

A multi-part test is proposed for the hypothesis that American production agriculture is shrinking. The results of the three tests presented here are consistent with a shrinking American agricultural sector that is on the verge of, but not yet in, the final decline stage of its "life cycle." The sector is clearly shrinking in relative size and importance, and in absolute size, and its economic performance has been weak for decades. These changes in agriculture and their implications for the agricultural economics profession are discussed. Finally, (at least) two challenges to American agriculture and the agricultural economics profession are raised.


Subject(s):
Issue Date:
2001-12
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/31043
PURL Identifier:
http://purl.umn.edu/31043
Published in:
Journal of Agricultural and Resource Economics, 26, 2
Page range:
309-325
Total Pages:
17




 Record created 2017-04-01, last modified 2019-08-26

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