Microdynamics of contraction decisions: a cognitive approach to structural change
Extract: How then does the farmer perceive and react to the current farm crisis? What are the microdynamics of structural change as perceived by farmers themselves? Given world market instability, farmers' expanded debt commitments, depressed farm prices, and deflated land values, how do farmer...
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Veröffentlicht in: | American journal of agricultural economics 1984-12, Vol.66 (5), p.829-835 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | Extract: How then does the farmer perceive and react to the current farm crisis? What are the microdynamics of structural change as perceived by farmers themselves? Given world market instability, farmers' expanded debt commitments, depressed farm prices, and deflated land values, how do farmers adjust? The answers to these questions are explored in this paper |
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ISSN: | 0002-9092 1467-8276 |
DOI: | 10.2307/1241008 |