This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Perspectives: Vol. 28 No. 1 (Winter 2014)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

JEP - All Issues


Agriculture in the Global Economy

Article Citation

Alston, Julian M., and Philip G. Pardey. 2014. "Agriculture in the Global Economy." Journal of Economic Perspectives, 28(1): 121-46.

DOI: 10.1257/jep.28.1.121

Abstract

The past 50-100 years have witnessed dramatic changes in agricultural production and productivity, driven to a great extent by public and private investments in agricultural research, with profound implications especially for the world's poor. In this article, we first discuss how the high-income countries like the United States represent a declining share of global agricultural output while middle-income countries like China, India, Brazil, and Indonesia represent a rising share. We then look at the differing patterns of agricultural inputs across countries and the divergent productivity paths taken by their agricultural sectors. Next we examine productivity more closely and the evidence that the global rate of agricultural productivity growth is declining—with potentially serious prospects for the price and availability of food for the poorest people in the world. Finally we consider patterns of agricultural research and development efforts.

Article Full-Text Access

Full-text Article (Complimentary)

Additional Materials

Authors

Alston, Julian M. (U CA, Davis and Giannini Foundation of Agricultural Economics)
Pardey, Philip G. (U MN, St Paul)

JEL Classifications

O13: Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Q10: Agriculture: General

Comments

View Comments on This Article (0) | Login to post a comment


Journal of Economic Perspectives


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEP - All Issues

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us