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The Effects of Recession on the Rural-Farm Economy

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  • Gardner, Bruce L.

Abstract

This paper consists of two parts. The first is a general view of the consequences of recession, with reference to historical U.S. business downturns. The second considers more specifically the effect of rural industrialization on the sensitivity of the rural economy to general business conditions. Attempts are made to estimate effects of rural industrialization during the 1974-75 recession.

Suggested Citation

  • Gardner, Bruce L., 1976. "The Effects of Recession on the Rural-Farm Economy," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 8(1), pages 13-22, July.
    • Handle: RePEc:cup:jagaec:v:8:y:1976:i:01:p:13-22_01
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    References listed on IDEAS

    as
    1. Robert S. Firch, 1964. "Stability of Farm Income in a Stabilizing Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 46(2), pages 323-340.
    2. Schultz, Theodore W, 1975. "The Value of the Ability to Deal with Disequilibria," Journal of Economic Literature, American Economic Association, vol. 13(3), pages 827-846, September.
    3. Dale E. Hathaway, 1959. "Agriculture in an Unstable Economy Revisited," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 41(3), pages 487-499.
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    Cited by:

    1. Hanson, Gregory D. & Kunnican, Henry & Eidman, vernon R., 1984. "Quantifying Recession Stress in Microeconomic Farm Samples," 1984 Annual Meeting, August 5-8, Ithaca, New York 279019, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Maoyong Fan & Anita Alves Pena & Jeffrey M. Perloff, 2016. "Effects of the Great Recession on the U.S. Agricultural Labor Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(4), pages 1146-1157.
    3. Redfern, J. Martin, 1976. "Discussion Of The Effects Of Recession On The Rural-Farm Economy," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(1), pages 1-3, July.

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