Agriculture in the macroeconomy: Theory and measurement
In: Handbook of Agricultural Economics
Macroeconomic events and policies strongly influence agricultural sector outcomes. Chapters synthesized here delineate both feed-forward and feedback linkages between agriculture and the macroeconomy, examining how relationships change as countries develop and undergo structural transformation. Historically, most aggregate work by agricultural economists follows a neo-classical paradigm, and the micro-foundations approach to macroeconomics. More microeconomic approaches and some recent aggregate efforts address institutional issues and market imperfections that lie behind alternative approaches to macroeconomics. Controversies on macroeconomic theory and data limitations have constrained the extent to which macroeconomic issues have been incorporated into agricultural economics research.
|This chapter was published in: ||This item is provided by Elsevier in its series Handbook of Agricultural Economics with number
3-32.||Handle:|| RePEc:eee:hagchp:3-32||Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description|
When requesting a correction, please mention this item's handle: RePEc:eee:hagchp:3-32. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)
If references are entirely missing, you can add them using this form.