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Supply Response by Traditional and Commercial Producers of Basic Grains in LDCs*

Published online by Cambridge University Press:  28 April 2015

Jose Alvarez  and
Chris O. Andrew
Jose Alvarez
Affiliation:
Food and Resource Economics Department, Institute of Food and Agricultural Sciences, University of Florida
Chris O. Andrew
Affiliation:
Food and Resource Economics Department, Institute of Food and Agricultural Sciences, University of Florida
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Extract

Traditional farms can play an important role in the agricultural development process [4, 6, 7, 8]. Less developed countries (LDCs) emphasize production and productivity increases for basic grains by relying on modern yield-increasing technology [2]. Technological advance, however, may produce diverging results; productivity may increase while production stagnates or declines. Due to both major seasonal and cyclical price fluctuations in basic grains and income limitations, traditional farmers in LDCs choose, quite rationally, to grow only enough of some food crops for home consumption. Yet policy makers often seek to increase the marketed supply of food crops and to determine possible changes in land utilization to meet that objective.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 9 , Issue 1 , July 1977 , pp. 157 - 162
Copyright
Copyright © Southern Agricultural Economics Association 1977

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Footnotes

*

University of Florida Agricultural Experiment Station Journal Series Number 799

References

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