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A vision about the farming sector’s future: What is in there for farmers in the time of the second machine age?

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  • Rizov, Marian

Abstract

Recent technological advances both on the farm and in the lab have made farming more independent form nature than ever before. Arguably, the new and accessible technologies are helping us to better understand and 'manage' nature and thus for first time in history farming is becoming as any other industry, susceptible to specialisation and economies of scale. This in turn, besides increased productivity, leads to fundamental organisational change away from family control towards corporate forms with associated implications for employment and rural livelihoods - new technology in farming replaces both 'muscles and brains'.

Suggested Citation

  • Rizov, Marian, 2016. "A vision about the farming sector’s future: What is in there for farmers in the time of the second machine age?," EconStor Preprints 182573, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esprep:182573
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    Keywords

    Agriculture; technology; employment; industrial organisation;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

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