No CrossRef data available.
Article contents
On the Existence of Stable Equilibria in Agriculture
Published online by Cambridge University Press: 28 April 2015
Abstract
Problems of instability and disequilibrium in U.S. agriculture are synthesized within a single conceptual framework. Agricultural and non-agricultural sector offer curves are used to illustrate why it may not be feasible to achieve and maintain equilibrium and price stability in U.S. agriculture. Empirical evidence on resource disequilibrium and instability in the ratio of prices paid and received by farmers is presented.
- Type
- Articles
- Information
- Copyright
- Copyright © Southern Agricultural Economics Association 1993