文章基本信息

标题：The Role of Productivity Growth and Farmers' Income Protection Policies in the Decline of Relative Farm Prices in the United States
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作者：Miljkovic, Dragan ; Jin, Hyun Joung ; Paul, Rodney 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2007
期号：SUPPL
出版社：Food Distribution Research Society
摘要：The paper emphasizes three interrelated questions about the decline in relative farm to non-farm prices in the United States since 1973; 1) Is it unusual, 2) What caused it, and 3) Is it likely to continue? We find that based on historical and international evidence this phenomenon may be considered unusual. Separating farm price and income support in 1973 and growing relative productivity in agriculture has been the major contributor to changing the trend of the relative farm goods inflation. This trend is likely to continue based on predicted steady growth of relative agricultural productivity and continuation of direct payments and other forms of farm income support policies.
关键词：Government transfers;Productivity growth;Relative farm prices