Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.
Applied economics is the study as regards the application of economic theory and econometrics in specific settings. As one of the two sets of fields of economics, it is typically characterized by the application of the core, i.e. economic theory and econometrics to address practical issues in a range of fields including demographic economics, labour economics, business economics, industrial organization, agricultural economics, development economics, education economics, engineering economics, financial economics, health economics, monetary economics, public economics, and economic history. From the perspective of economic development, the purpose of applied economics is to enhance the quality of business practices and national policy making.
Gordon Rausser is an American economist. He is currently the Robert Gordon Sproul Distinguished Professor Emeritus, Dean Emeritus, at Rausser College of Natural Resources and more recently, a professor of the graduate school at the University of California, Berkeley. On three separate occasions, he served as chairman of the Department of Agriculture and Resource Economics, served two terms as Dean of the Rausser College of Natural Resources, and has served on the board of trustees of public universities and one private university. Rausser has been appointed to more than 20 board of directors of both private and publicly traded companies, including chairman of several of such boards.
The American Journal of Agricultural Economics is a peer-reviewed academic journal of agricultural, natural resource, and environmental economics, as well as rural and community development. Published five times per year, it is one of two journals published by the Agricultural & Applied Economics Association, along with Applied Economic Perspectives and Policy. It was established in 1919, at which point it was called the Journal of Farm Economics.
Land Economics is a peer-reviewed academic journal dedicated to the economics of natural and environmental resources. The journal was established in 1925 by the founder of the American Economic Association, Richard T. Ely. Land Economics covers such topics as environmental quality, natural resources, housing, urban and rural land use, transportation, and other areas in both developed and developing country contexts. The journal features conceptual and/or empirical work with direct relevance for public policy. The journal is published by the University of Wisconsin Press. As of 2019, Land Economics had an impact factor of 1.620.
Daniel W. Bromley is an economist, the former Anderson-Bascom Professor of applied economics at the University of Wisconsin–Madison, and since 2009, Emeritus Professor. His research in institutional economics explains the foundations of property rights, natural resources and the environment; and economic development. He has been editor of the journal Land Economics since 1974.
Rural economics is the study of rural economies. Rural economies include both agricultural and non-agricultural industries, so rural economics has broader concerns than agricultural economics which focus more on food systems. Rural development and finance attempt to solve larger challenges within rural economics. These economic issues are often connected to the migration from rural areas due to lack of economic activities and rural poverty. Some interventions have been very successful in some parts of the world, with rural electrification and rural tourism providing anchors for transforming economies in some rural areas. These challenges often create rural-urban income disparities.
The American Economic Journal is a group of four peer-reviewed academic journals published by the American Economic Association. The names of the individual journals consist of the prefix American Economic Journal with a descriptor of the field attached. The four field journals which started in 2009 are Applied Economics, Economic Policy, Macroeconomics, and Microeconomics.
Applied Economic Perspectives and Policy (AEPP) is a peer-reviewed journal of applied economics and policy. Published four times per year, it is the one of two journals published by the Agricultural & Applied Economics Association (AAEA), along with the American Journal of Agricultural Economics (AJAE). Today is the leading journal in 'applied economics' with a 2020 impact factor of 4.083.
David Zilberman is an Israeli-American agricultural economist, professor and Robinson Chair in the Department of Agricultural and Resource Economics at the University of California, Berkeley. Zilberman has been a professor in the Agricultural and Resource Economics Department at UC Berkeley since 1979. His research has covered a range of fields including the economics of production technology and risk in agriculture, agricultural and environmental policy, marketing and more recently the economics of climate change, biofuel and biotechnology. He won the 2019 Wolf Prize in Agriculture, he is a member of the US National Academy Science since 2019, was the President of the Agricultural and Applied Economics Association (AAEA), and is a Fellow of the AAEA, Association of Environmental and Resource Economics, and the European Association of Environmental and Resource Economics. David is an avid blogger on the Berkeley Blog and a life-long Golden State Warriors fan.
Jayson Lusk is Vice President and Dean of the Division of Agricultural Sciences and Natural Resources at Oklahoma State University. Prior to that position, he served as Distinguished Professor and Department Head in the Department of Agricultural Economics at Purdue University. He authors books and articles related to contemporary food policy issues.
John Donald Black was an American economist. He was a professor of economics at University of Minnesota from 1918 to 1927, and then from 1927 to 1956 at Harvard University. Black was one of the authors of the Agricultural Adjustment Act. He was also president of the American Economic Association in 1955. Black died at a Boston hospital in 1960.
Science Publishing Group (SPG) is an open-access publisher of academic journals and books established in 2012. It has an address in New York City and many of its journals are named American Journal of..., but the company is actually based in Pakistan. The company has been criticized for predatory publishing practices. As of 2019, it publishes 430 journals in various fields.
Scott H. Irwin is the Laurence J. Norton Chair of Agricultural Marketing and professor in the department of agricultural and consumer economics at University of Illinois Urbana-Champaign.
The European Review of Agricultural Economics (ERAE) is a peer-reviewed scientific journal covering agricultural economics. It was established in 1973 and is published five times per year by Oxford University Press on behalf of the European Agricultural and Applied Economics Publications Foundation, which owns the journal. It is the official journal of the European Association of Agricultural Economists. The editor-in-chief is Ada Wossink. According to the Journal Citation Reports, the journal has a 2020 impact factor of 3.836, ranking it 70th out of 377 journals in the category "Economics" and 6th out of 21 journals in the category "Agricultural Economics & Policy".
Frederick Vail Waugh (1898–1974) was an American agricultural economist known for his work relating supply, demand, quality, and marketing in the prices of agricultural products, for his understanding of who benefits from volatility in agricultural pricing, and for his advocacy of food stamp and food distribution policies for the poor. He worked for the United States Department of Agriculture from the 1920s to the 1970s.
The International Association of Agricultural Economists (IAAE) is an International professional organization for agricultural economists. IAAE publishes the peer-reviewed journal Agricultural Economics. The flagship conference of the International Association of Agricultural Economists (IAAE), the International Conference of Agricultural Economists (ICAE), is held every three years.
