Mendel versus Malthus: Research, Productivity and Food Prices in the Long Run

dc.creatorAlston, Julian M.
dc.creatorBeddow, Jason M.
dc.creatorPardey, Philip G.
dc.date2017-04-01T14:07:35Z
dc.date.accessioned2026-07-09T04:53:34Z
dc.descriptionOver the past 50 years and longer, the supply of food commodities has grown faster than the effective market demand, in spite of increasing population and per capita incomes. Consequently, the real (deflated) prices of food commodities have steadily trended down. The past increases in agricultural productivity and production, and the resulting real price trends, are attributable in large part to technological changes enabled by investments in agricultural R&D. Evidence is beginning to emerge of a slowdown in the long-term path of agricultural productivity growth. These productivity patterns mirror a progressive slowing down in the growth rate of total spending on agricultural R&D and a redirection of the funds away from farm productivity that began 20-30 years ago.
dc.identifierdoi:10.22004/ag.econ.53400
dc.identifierhttps://ageconsearch.umn.edu/record/53400/files/SP-IP-09-01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/53400
dc.identifier.urihttp://hdl.handle.net/123456789/556280
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/53400
dc.titleMendel versus Malthus: Research, Productivity and Food Prices in the Long Run
dc.typeText

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