US agricultural economic growth in this century has been characterized by a slow rise in the demand for food and faster growth in farm output as against nonfarm productivity. In such an environment, one expects the size of the farm sector to decline as a share of the rest of the economy. What is...

We use a vector autoregression analysis of corn price, farm poultry price, and consumer poultry (meat) price for two periods, a mid-1950's to late 1960's period and an early 1970's to mid-1980's period. We explored the dynamic aspects of the estimated price transmission models of these two...