Aggregate farm income is the standard measure of farm household economic well-being. In Canada farm groups have used a multi-year decline in one measure of farm income - realized net income, to press for increased financial transfers. In the first part of the paper income data is reviewed to...

Subsector, or industry strategic planning is a potentially useful tool that can be designed to enhance the overall performance and competitiveness of a commodity industry across the industry's inter-dependent vertical segments. Industry strategic planning provides a framework for industry...

This paper considers the specification of a production function, using crop-yield response to agricultural lime as an example. The paper first reviews neoclassical production theory, observing that this theory specifies neither the form nor the arguments of a production function. Several...

Rural development policy in North America has moved from a position of national importance to one of marginality as Canada and the United States grew. While rural policy and agricultural policy are no longer synonymous there is no firm consensus on what national governments should play. While...

This paper examines some of the historical trends in the evolution of research using econometrics, simulation, and operations research within agricultural economics. Agricultural economists are placing increased emphasis on economic theory and on increasingly sophisticated quantitative...

In this paper, we develop four paradigms of rural poverty. These paradigms were designed to help explain how different factors interact and result in significant numbers of rural poor­, poverty that persists even though the national economy has experienced sustained economic growth for over six...