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Changes in Latin American agricultural markets:


  • Reca, Lucio G.
  • Diaz-Bonilla, Eugenio


This paper presents an overview of macroeconomic and agricultural trends in Latin America and the Caribbean. It argues that world-level macroeconomic and agricultural cycles, of expansion during the 1960s and 1970s, and stagnation and retrenchment during the 1980's, had an important impact on the economies of the LAC countries and on the performance of the agricultural sector in the region. They played over, and interacted with, a sustained trend of technological change in agriculture, that had begun in the developed countries before, and that in the last quarter of a century spread to developing countries.

Suggested Citation

  • Reca, Lucio G. & Diaz-Bonilla, Eugenio, 1997. "Changes in Latin American agricultural markets:," TMD discussion papers 24, International Food Policy Research Institute (IFPRI).
  • Handle: RePEc:fpr:tmddps:24

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    References listed on IDEAS

    1. Golan, Amos & Judge, George G. & Miller, Douglas, 1996. "Maximum Entropy Econometrics," Staff General Research Papers Archive 1488, Iowa State University, Department of Economics.
    2. Golan, Amos & Judge, George & Robinson, Sherman, 1994. "Recovering Information from Incomplete or Partial Multisectoral Economic Data," The Review of Economics and Statistics, MIT Press, vol. 76(3), pages 541-549, August.
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    Cited by:

    1. Miguel Martín-Retortillo & Vicente Pinilla & Jackeline Velazco & Henry Willebald, 2017. "The Goose that laid the golden eggs? Agricultural development in Latin America in the 20yh century," Documentos de Trabajo de la Sociedad Española de Historia Agraria 1703, Sociedad Española de Historia Agraria.


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