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Effects of Relative Price Changes on U.S. Food Sectors, 1967-78

Author

Listed:
  • Schluter, Gerald
  • Lee, Gene K.

Abstract

For a half-century the parity ratio has served as the most commonly used measure of the effects of relative price changes on the farm economy The authors present a consistent economic model which measures the price-related income effects of relative price changes in selected sectors of the U.S. economy during the 1967-78 period and use this model to analyse selected sectors within the food system Their model improves and expands upon the parity ratio It provides more detailed information within the farm sector, and it provides conceptually consistent measures of the effects of relative price changes in the nonfarm sectors of the food system

Suggested Citation

  • Schluter, Gerald & Lee, Gene K., 1981. "Effects of Relative Price Changes on U.S. Food Sectors, 1967-78," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 33(1), pages 1-12, January.
    • Handle: RePEc:ags:uersja:148700
    DOI: 10.22004/ag.econ.148700
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    Cited by:

    1. Simunek, Richard & Somwaru, Agapi & Suddendorf, Sandra & Lucier, Gary, 1985. "The National Income and Product Accounts: Estimating Farm Income by Type of Farm," Technical Bulletins 157007, United States Department of Agriculture, Economic Research Service.

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