10 votes
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When countries industrialise, why do jobs from agriculture shift to manufacturing?

This is a common area of study in Development Economics. There is for example the Dual-sector model, first developed in 1954. It is very well explained in the link provided, but basically: [the] ...
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  • 8,477
8 votes

Analyzing Farm Bureau's claim that milk prices would double at the retail level if all the illegals were deported

It is worth noting that OP's original question before I edited it asked, "why would economists lie to us?" This already leaves a poor taste in my mouth; such a question is loaded enough as it is, only ...
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6 votes

When countries industrialise, why do jobs from agriculture shift to manufacturing?

A schematic picture is as follows: Industrialization also means industrialization of Agriculture. This kills land-related jobs in the sector while at the same time it increases output. Inceased ...
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6 votes
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Can biotechnology be a bad thing?

You are right to be sceptical of this statement. Let's take it step by step. Will developments in biotechnology increase world food production? Almost certainly yes, provided other things are equal....
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  • 7,270
5 votes

What arguments are there in favor of national food self-sufficiency?

Have there been any economists who have argued in favor of national food self-sufficiency and what are some of their arguments? I am not knowledgeable of literature in that direction, but some of ...
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5 votes

Why is Algeria the #2 milk powder importer in the world?

To complement WorldGov's great points, there are milk subsidies provided in Algeria, which might have been abused for re-sale in other countries: [These measures of “market saturation” will be ...
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  • 2,155
5 votes

Why is Algeria the #2 milk powder importer in the world?

Four-fifths of Algeria is just desert --which leaves no room for agriculture. The Algerian economy is mostly powered just by the oil industry, which contribute about ~70% of government revenues. Oil ...
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4 votes
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How does one interpret the usda wholesale market price reports?

MANGOES: MARKET STEADY. flats 1 layer [[cargo type]] HT [[Haitii]] Francis [[variety]] 9s [[9 fruits in 1 layer flat]] 11.00 [[price for 9 fruits]] 10s [[10 fruits in 1 layer flat]] 12.00 [[price for ...
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4 votes

When countries industrialise, why do jobs from agriculture shift to manufacturing?

Aside from the economic arguments, a big difference was the amount of autonomy for the workers. Consider agriculture and similar rural employment (as servants etc) in the UK, even as recently as 1900....
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4 votes

Can biotechnology be a bad thing?

Making such sweeping statements about biotechnology in general is impossible if you ask me. Even when limiting oneself to agrobiotechnology it is impossible to make such statements because there are ...
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4 votes
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Do property values capture producer choice in agriculture?

Suppose that, initially, crop A is the most profitable crop that can be grown on a particular farm, yielding an average annual profit of \$X, profit being measured after deduction of all costs (...
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4 votes
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Is it more costly to raise cattle for beef or raise fish in aquacultures?

Cost of production is somewhat difficult to pin down, since much of that information is private. However, consumer costs are widely available: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2954450/ I ...
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3 votes

What arguments are there in favor of national food self-sufficiency?

The main argument for food self-sufficiency---endorsed by Bush in the quote you have---is that being dependant on other countries for food reduces the power a country can hope to wield on an ...
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3 votes
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Is soil exhaustion rational?

The true answer is of course it depends. What it depends on is how you define sustainability. In a natural resources context, with weak sustainability, soil quality is a capital asset, just as a fish ...
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  • 2,330
3 votes

Why is the term structure curve of agricultural commodities often downward sloping?

In Keynes's Treatise on Money he argued that the phenomenon you describe, known as "normal backwardation", is due to the fact that certain commodities producers hedge their price risk (importantly, ...
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3 votes

Effect of Strengthening US Dollar on Commodities

Most global commodities are quoted (priced) in US dollars. The more valuable a dollar becomes relative to other currencies, all other things equal, the more commodity prices have to fall to ...
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3 votes
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Could price floors improve worker safety in the meat cutting industry?

A priori this is difficult to say without any empirical experiment but it is unlikely due to: Price floors do not necessarily lead to more competition on quality. Theoretical models do show that ...
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2 votes

Why does the European Union give subsidies to farmers?

The governments want to ensure that there is enough food for their people even if international food trade breaks down (for example due to trade war, war, or famine). A secondary objective is that ...
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2 votes

Why does the European Union give subsidies to farmers?

Markets are extremely poor at pricing events that have very low probability and catastrophic impacts. In part because we're very bad at estimating low-probability events: by definition, they're rare. ...
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2 votes
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Is there any index which relates population growth rate with food production growth rate?

Here there is a very good summary of existing information. Key variables are daily intake of calories/proteins/fat per person (so it is not so much about tons of food but their nutrient content). An ...
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  • 8,477
2 votes

When countries industrialise, why do jobs from agriculture shift to manufacturing?

Food is the most necessary thing in life. It is not uncommon that undeveloped societies can have as large as 80% of the economy in agriculture. One of the first steps to an industrialized society ...
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2 votes

Can biotechnology be a bad thing?

If a biotechnology advance lowers the production price of corn from 3.50 dollars a bushel to 3 dollars, then farmers who do not have access to this technology now must sell at 3 dollars without ...
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  • 636
2 votes

What arguments are there in favor of national food self-sufficiency?

I recognize that I cannot prove a negative and claim "no economists want this", but I will caution that there will be few economists with an interest in food independence (being a food autarky) ...
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2 votes
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Why are there so many small farm operations in the US?

Subsidies play some role but most important factor according to Eastwood et al$^1$ are principal-agent problems. Despite increased scale, in many advanced countries the family remains the main source ...
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  • 1,425
2 votes
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Why agricultural subsidies were targeted in 1991 Indian Economic Liberalization

I don't understand how is this even a reform, because as per this answer and the Wikipedia page for agricultural subsidies, developed countries are surely spending much more than India on per capita ...
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1 vote

Why does China spend so much on agricultural/farming subsidies?

The first thing that comes to mind is food security. China has a large population to feed and does not want to depend on foreign nations for its food. A (speculative) second reason may be ...
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  • 2,330
1 vote

Is there a proven, quantitative link between food wastage and food prices?

Reducing food wastage should in theory reduce demand for food Let's examine this claim in a simple static framework. Assume preferences over two goods like $$U(x_1,x_2) = a\ln x_1 + (1-a)\ln x_2 \...
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1 vote

Calculating the cost of a year without land-tilling

The approach appears to be static. An intertemporal approach would recognize that part of the period's forgone production would have been used for investment, augmenting the capital base. So we also ...
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1 vote

Is there any index which relates population growth rate with food production growth rate?

You can examine the components of Global Food Security Index. If I'm not mistaken, you can actually download the data free online from the same website. It covers a large set of countries globally.
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