Italian agriculture and inflation
The paper considers the effects of inflation on agriculture, particularly with regard to Italy. It is found that, in recent years, inflation has strongly contributed to worsen the terms of trade for agriculture, with serious effects on factor productivity, on the allocation of resources, on the effi...
Saved in:
| Published in | Rivista di economia agraria Vol. 38; no. 1 |
|---|---|
| Main Author | |
| Format | Journal Article |
| Language | Italian |
| Published |
01.03.1983
|
| Online Access | Get more information |
Cover
Loading…
| Summary: | The paper considers the effects of inflation on agriculture, particularly with regard to Italy. It is found that, in recent years, inflation has strongly contributed to worsen the terms of trade for agriculture, with serious effects on factor productivity, on the allocation of resources, on the efficiency of farm structures and on the food and agricultural trade deficit. To improve the situation, an adequate recovery of factor productivity is a first necessity and a primary requirement in this direction would be an energetic program for the restructuring of farms. |
|---|---|
| Bibliography: | E10 8361856 |
| ISSN: | 0035-6190 |