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Globalization, Technological Advances, and Other Threats to American Agriculture: Discussion

Published online by Cambridge University Press:  28 April 2015

Barry J. Barnett
Affiliation:
Department of Agricultural and Applied Economics, University of Georgia, Athens, GA
John E. Lee Jr.
Affiliation:
Department of Agricultural Economics, Mississippi State University, Mississippi State, MS

Extract

Both Blank and Debertin start from the premise that technology increases agricultural productivity. As a result, supply increases faster than demand, driving down commodity prices and returns to factors used in agricultural production. Blank emphasizes how farmers respond to this situation by moving to higher risk, higher return commodities until eventually graduating out of agriculture entirely. These changes are accommodated by globalization which allows low-cost imports to substitute for abandoned agricultural production in the U.S. Debertin focuses on the contention that price depressing gains in productivity are due, in part, to publicly-supported agricultural research at Land Grant universities.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2001

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References

Blank, Steven C. 1999. “The End of the American Farm?,” The Futurist 33(4):2227.Google Scholar
Blank, Steven C. 1998. The End of Agriculture in the American Portfolio. Westport, Connecticut: Quorum Books.Google Scholar
Gardner, Brace. 2000Economic Growth and Low Incomes in Agriculture.” Amer. J. of Agr. Econ. 82(5):1059–74.CrossRefGoogle Scholar