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Agricultural Industrialization: Implications for Economic Development and Public Policy

Published online by Cambridge University Press:  28 April 2015

Mark Drabenstott
Mark Drabenstott*
Affiliation:
Federal Reserve Bank of Kansas City
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Abstract

Industrialization is rapidly becoming a topic of great attention. Driven by fundamental economic forces, industrialization seems likely to advance more quickly in the coming decade to more industry segments. By changing the way agriculture does business, industrialization will also bring change to public policy and agricultural institutions. Commodity policy will increasingly be out of step with a product-oriented industry. And as industrialization blurs the lines between producers and processors, land grant universities and the extension service will face challenges assessing who their customers are.

Keywords

industrializationagricultural marketscommodity policyland grant universitiesextension servicerural development
Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 27 , Issue 1 , July 1995 , pp. 13 - 20
Copyright
Copyright © Southern Agricultural Economics Association 1995

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References

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