Agricultural Price Formation in Theory and Reality

Agricultural Price Formation in Theory and Reality

Author: Ulrich Koester

Publisher: Cambridge Scholars Publishing

Published: 2023-08-21

Total Pages: 548

ISBN-13: 1527528308

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The thirteen chapters in this book introduce students to the theory and analysis of price determination in markets for agricultural and food products, and in markets for the main factors of production in agriculture – land, labour and capital. The book is targeted at advanced BSc as well as MSc students. It covers neoclassical economic theory as well as the many unique institutions and policies that affect agricultural price determination. The chapters cover important characteristics of agricultural and food markets and prices, such as the role of institutions and organisations for agricultural price formation, imperfect competition, the role of technical change, retail pricing, price volatility and futures markets. The included case studies and exercises will enable students to apply what they have learned and test their comprehension.


Government Policy and Farmland Markets

Government Policy and Farmland Markets

Author: Charles Moss

Publisher: John Wiley & Sons

Published: 2008-02-28

Total Pages: 439

ISBN-13: 0470384778

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Of immeasurable value to lenders, agricultural economists, and a host of agribusinesses this unique volume brings together leading farmland authorities in the United States and Canada to examine the economic determinants of land value and the consequences of change in land values. As the most basic factor of production in the agricultural enterprise, farmland dominates the agricultural balance sheet, accounting for an average of 70% of all agricultural assets. The authors of this timely book provide expert analysis and review of this subject.


Rural Wealth Creation

Rural Wealth Creation

Author: John L. Pender

Publisher: Routledge

Published: 2014-06-05

Total Pages: 243

ISBN-13: 1135121966

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This book investigates the role of wealth in achieving sustainable rural economic development. The authors define wealth as all assets net of liabilities that can contribute to well-being, and they provide examples of many forms of capital – physical, financial, human, natural, social, and others. They propose a conceptual framework for rural wealth creation that considers how multiple forms of wealth provide opportunities for rural development, and how development strategies affect the dynamics of wealth. They also provide a new accounting framework for measuring wealth stocks and flows. These conceptual frameworks are employed in case study chapters on measuring rural wealth and on rural wealth creation strategies. Rural Wealth Creation makes numerous contributions to research on sustainable rural development. Important distinctions are drawn to help guide wealth measurement, such as the difference between the wealth located within a region and the wealth owned by residents of a region, and privately owned versus publicly owned wealth. Case study chapters illustrate these distinctions and demonstrate how different forms of wealth can be measured. Several key hypotheses are proposed about the process of rural wealth creation, and these are investigated by case study chapters assessing common rural development strategies, such as promoting rural energy industries and amenity-based development. Based on these case studies, a typology of rural wealth creation strategies is proposed and an approach to mapping the potential of such strategies in different contexts is demonstrated. This book will be relevant to students, researchers, and policy makers looking at rural community development, sustainable economic development, and wealth measurement.


States Versus Markets

States Versus Markets

Author: Herman Mark Schwartz

Publisher: Bloomsbury Publishing

Published: 2018-11-28

Total Pages: 381

ISBN-13: 1352004445

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Now in its fourth edition, this highly regarded and critically acclaimed textbook offers an authoritative introduction to international political economy. It is unique in offering an accessible, broad introduction to the development of the global economy from its inception to today's complex relationship between states and markets in the midst of economic crises. Herman Mark Schwartz deftly shows that globalization is not a novel phenomenon but a recurrent process whereby markets have, since the 16th century, periodically redistributed economic activity. It links the production of goods and services in one region to the markets for those goods, and shows how this can lead to conflicts among states that try to create, enhance or subdue the markets. Taking into account the continued rise of China, and the recent shift towards populism in the West, this book has been extensively rewritten and updated throughout. This is a thought-provoking text which will encourage upper level undergraduate and postgraduate students to think analytically about the inevitability of a global market influencing a state's policies and geo-economic position and to locate their own thinking within the IPE tradition. New to this Edition: - Thoroughly updated to cover all major developments in global political economy since the financial crisis - Timelines in most chapters show key events in the evolution of the global economy - Offers a particularly clear account, now with chapter summaries, updated examples and a glossary of key terms


Socialist Agriculture In Transition

Socialist Agriculture In Transition

Author: Joseph C Brada

Publisher: Routledge

Published: 2019-07-11

Total Pages: 375

ISBN-13: 1000312011

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Because of altered investment priorities, policymakers in socialist countries can no longer increase the resources devoted to agriculture as they have in the past. Instead, they must seek alternative means of improving agricultural performance. One approach has been to change the structure of socialist agriculture and to foster organizational changes within agricultural units. The contributors to this volume evaluate such reforms and weigh their implications for agricultural output and trade. They examine the normless links being introduced in the USSR and compare Soviet experiences with the successes of Chinese and Hungarian reorganizations; describe and analyze the changes being implemented in the German Democratic Republic, Yugoslavia, and Vietnam; and pay particular attention to the role of Polish agriculture in the production crisis and to agriculture's potential for improving Poland's overall economic performance. The contributors also address issues of infrastructure development, the incentives being developed to foster more efficient allocation of resources within the agricultural sector, and the likely growth of East-West and intra-socialist agricultural trade.