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1 Luyun Yu -- 136 2026-09-22 09:59:30 |
2 format correct Catherine Yang -15 word(s) 121 2026-09-23 02:29:24 | |
3 Added related contents. Luyun Yu Meta information modification 121 2026-09-23 15:16:11 | |
4 Change the definition Luyun Yu + 2 word(s) 123 2026-10-01 07:47:38 |

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Yu, L. Agricultural Economy. Encyclopedia. Available online: https://encyclopedia.pub/entry/60244 (accessed on 06 October 2026).
Yu L. Agricultural Economy. Encyclopedia. Available at: https://encyclopedia.pub/entry/60244. Accessed October 06, 2026.
Yu, Luyun. "Agricultural Economy" Encyclopedia, https://encyclopedia.pub/entry/60244 (accessed October 06, 2026).
Yu, L. (2026, September 22). Agricultural Economy. In Encyclopedia. https://encyclopedia.pub/entry/60244
Yu, Luyun. "Agricultural Economy." Encyclopedia. Web. 22 September, 2026.
Agricultural Economy
Edit

Agricultural economy is a subfield within agricultural development and policies that examines the economic relationships, mechanisms, and resource allocation processes associated with agricultural production, distribution, exchange, and consumption systems. It integrates economic principles with the distinctive characteristics of agriculture to analyze how land, labor, capital, technology, and institutional arrangements influence agricultural activities and rural economic structures [1]. It encompasses the study of agricultural markets, farm decision-making, resource utilization, agricultural productivity, income distribution, and the interactions between agriculture and broader economic systems [2]. Unlike agronomy or crop science, which primarily focus on biological processes, crop improvement, and production technologies, agricultural economy emphasizes the economic behavior of agricultural agents, market mechanisms, policy interventions, and institutional factors shaping agricultural development [3]. 

agricultural development agricultural policy farm economics agricultural markets

References

  1. T. Balogh; T. Schultz; Transforming Traditional Agriculture. Econ. J. 1964, 74, 996. [CrossRef]
  2. Gardner, B. L., Rausser, G. C. 2001. Handbook of Agricultural Economics, Volume 1A: Agricultural Production. North Holland: Elsevier. https://shop.elsevier.com/books/handbook-of-agricultural-economics/gardner/978-0-444-50728-0
  3. Jean-Paul Chavas; The Welfare Economics of Public Policy: A Practical Approach to Project and Policy Evaluation. Am. J. Agric. Econ. 2006, 88, 771-772. [CrossRef]
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Subjects: Agricultural Economics & Policy
Contributor MDPI registered users' name will be linked to their SciProfiles pages. To register with us, please refer to https://encyclopedia.pub/register : Luyun Yu
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Revisions: 4 times (View History)
Update Date: 01 Oct 2026
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