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Agriculture in a Global Economy: 2018 Agricultural Symposium

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  • Federal Reserve Bank Kansas City

Abstract

Similar to other segments of the economy, the agricultural sector is increasingly global. In some regions, the production of food and agricultural products has advanced well beyond what is required for consumption within that region. In other areas, agricultural production is more limited. The persistent gap between regions of excess and regions of scarcity has led to an increasing reliance on agricultural trade as global populations and incomes rise, but recent months have also pointed to increased uncertainty about the future of trade and implications for agriculture. Similarly, the movement of labor and capital across borders has become a pivotal component to the nature of food and agricultural production, but the future for international labor and capital flows is also uncertain.

Suggested Citation

  • Federal Reserve Bank Kansas City, 2018. "Agriculture in a Global Economy: 2018 Agricultural Symposium," Economic Review, Federal Reserve Bank of Kansas City, issue Special I, pages 1-96.
    • Handle: RePEc:fip:fedker:87715
    Note: 2018 Agricultural Symposium, “Agriculture in a Global Economy", Federal Reserve Bank of Kansas City, July 17-18, 2018
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    File URL: https://www.kansascityfed.org/documents/7192/si18103.pdf
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    References listed on IDEAS

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    1. Herrendorf, Berthold & Rogerson, Richard & Valentinyi, Ákos, 2014. "Growth and Structural Transformation," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 855-941, Elsevier.
    2. Gouel, Christophe & LaBorde, David, "undated". "The Crucial Role of International Trade in Adaptation to Climate Change," 2017: Globalization Adrift, December 3-5, 2017, Washington, D.C. 266841, International Agricultural Trade Research Consortium.
    3. Delzeit, Ruth & Klepper, Gernot & Zabel, Florian & Mauser, Wolfram, 2018. "Global economic–biophysical assessment of midterm scenarios for agricultural markets—biofuel policies, dietary patterns, cropland expansion, and productivity growth," Open Access Publications from Kiel Institute for the World Economy 226014, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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