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Agriculture's Three Economies in a Changing Resource Environment

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  • Harold F. Breimyer

Abstract

For many years abundant and relatively inexpensive industrial raw materials contributed to a resource environment favoring industrialization of U.S. agriculture. Their gradual depletion and rising prices now create a counter pressure. The pace of industrialization has slowed, with different manifestations in the three economies of agriculture—crops, livestock, and marketing. The economics of extractive industries, a subject long neglected, will henceforth be an integral part of the economics of agriculture. Cited here are conceptual formulations the author published in a precursor article of 1962, formulations that go back to the "empty economic boxes" and the writings of Joan Robinson.

Suggested Citation

  • Harold F. Breimyer, 1978. "Agriculture's Three Economies in a Changing Resource Environment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 37-47.
    • Handle: RePEc:oup:ajagec:v:60:y:1978:i:1:p:37-47.
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    File URL: http://hdl.handle.net/10.2307/1240159
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    Cited by:

    1. National Resource Economics Division, Economics, Statistics, and Cooperatives Service, 1979. "Natural Resource Capital in U.S. Agriculture: Irrigation, Drainage and Conservation Investments Since 1900," Economics Statistics and Cooperative Services (ESCS) Reports 329202, United States Department of Agriculture, Economic Research Service.
    2. Furtan, William Hartley & Karantininis, Kostas & Lund, Mogens, 2007. "Reversing the road to super farms," 102nd Seminar, May 17-18, 2007, Moscow, Russia 10025, European Association of Agricultural Economists.

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