In Defense of Fence to Fence: Can the Backward Bending Supply Curve Exist?
Politicians dealing with the "farm problem" sometimes lament that output increases when prices go up and when prices go down. This article presents three possible theoretical explanations. In the first, farmers deplete soil (over-farm) when prices are low and imperfect capital markets prev...
Main Authors: | Richard E. Just, David Zilberman |
---|---|
Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
1992-12-01
|
Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/30945 |
Similar Items
-
Interdisciplinary strategy aimed at overcoming school fencing trainers
by: Dayroandis Maestre-Cabrales, et al.
Published: (2017-06-01) -
On the Fence
by: Medrano, Estevan
Published: (2014) -
Fencing
by: 王三財
Published: (1997) -
Fencing
Published: () -
Fencing
Published: ()