scholarly journals Some Fallacies in Agricultural Economics: A Macroeconomic Interpretation

1982 ◽  
Vol 14 (1) ◽  
pp. 117-123 ◽  
Author(s):  
Mike Belongia ◽  
Douglas Fisher
Keyword(s):  
Agricultural Sector ◽  
Presidential Address ◽  
Aggregate Demand ◽  
Economic Behavior ◽  
Agricultural Economics ◽  
Macroeconomic Theory ◽  
Demand And Supply ◽  
The One ◽  
Monetary And Fiscal Policy

The relevance of macroeconomic theory to the analysis of economic behavior in the agricultural sector is a recurring theme in applied research in this area. On the one hand, it is possible to find the view that the agricultural sector should be treated in isolation as an independent market or set of markets not subject to the influences of changes in monetary and fiscal policy or (other) changes in aggregate demand and supply. On the other hand, it is also possible to find literal acceptance of the usefulness of macroeconomics—perhaps in the form of a particular version of the theory—with the controversial part surfacing in the particular view of macroeconomics and how it bears on (and is influenced by) agricultural markets. The fact that this dichotomy exists is highlighted by the contrasting views expressed recently by Breimyer (1981) and Tweeten. At the same time that Breimyer advocated that “macro-economics should be struck from the lexicon,” Tweeten chose to devote his AAEA Presidential address to a discussion of the implications of current developments in macroeconomic theory and policy for the agricultural sector; his particular emphasis is on the important role of “supply-side” macroeconomics.

scholarly journals Does Culture Matter in Economic Behavior?

2016 ◽  
Vol 5 (1) ◽  
pp. 52 ◽  
Author(s):  
Edward O'Boyle
Keyword(s):  
Economic Theory ◽  
Economic Activity ◽  
Human Person ◽  
Economic Behavior ◽  
Economic Systems ◽  
Mainstream Economic ◽  
One Dimensional ◽  
Mainstream Economics ◽  
The One

In this article we address the following question: does culture play a role in economic behavior? We conclude that culture influences economic behavior in all three areas of economic activity: work, consumption, and leisure. Our proof lies not so much in replicating certain experimental results, but in documenting in real-world circumstances how culture influences economic behavior. Attention to the role of culture in economic affairs acknowledges that humans are more than the one-dimensional, autonomous, individuals, as premised in mainstream economics, whose very existence is temporal, whose role in economic affairs is strictly instrumental, and whose behavior is virtually the same across cultures. We have argued that humans are two-dimensional twice over. First, humans are individual beings and social beings: solitary and communal, self-made and culture-bound, autonomous and dependent, rational and emotional, self-centered and other-centered. Second, humans are both matter and spirit. The duality of the human person, rooted in individuality and sociality, affords an opportunity to unify economic theory wherein individuality is the focus of microeconomics and sociality is the center of macroeconomics. Putting the isolated individual at the very heart of economics closes down that opportunity and assures that mainstream economic theory will remain truncated indefinitely. The makeover of mainstream economics will take place once neo-classical economists accept that the ultimate end of economic systems relates not to maximum personal net advantage but to integral human development.

scholarly journals PERANAN SEKTOR PERTANIAN TERHADAP PEREKONOMIAN DI KABUPATEN MINAHASA SELATAN

2016 ◽  
Vol 12 (2A) ◽  
pp. 239
Author(s):  
Julio P.D. Ratag ◽  
Gene H.M. Kapantow ◽  
Caroline B.D. Pakasi
Keyword(s):  
Agricultural Sector ◽  
Secondary Data ◽  
The Other ◽  
Food Plants ◽  
Domestic Product ◽  
Location Quotient ◽  
Position Analysis ◽  
North Sulawesi ◽  
The One

The aim of this research is to known the role of agricultural sector in South Minahasa Regency. The role was measured by sector position analysis and is the agriculture subsector was the base sector or nonbase by seeing the contribution of the agricultural sectorto the farming of Gross Regional Domestic Product in South Minahasa Regency. The data that has been used in this research was the secondary data by the Central Statistic Board of North Sulawesi Province, also the Agricultural and Livestock Service of South Minahasa Regency. The result of this research shows that the agricultural sector was the biggest contributor in the forming of GDRP in South Minahasa Regency. By using location quotient (LQ) analysis, the agricultural sector was one of the base sectors in the other sectors of econonomics, while agriculture subsector which was the base subsector is the one-season horticulture plants subsector. Based on the result of Dinamic Location Quotient (DLQ) analysis, the agricultural sector was predicted still be the base sector of South Minahasa Regency for five years ahead. Furthemore, the prediction of the agricultural subsector that have the potention of becoming the base subsector in the future is food plants subsector, one-sesion horticulture plants subsector, a-year horticultural subsector etcetera, a-year plantation subsector, livestock subsector, the service of agricultural subsector and hunting, and the fisheries subsector.

scholarly journals Analysis of the role of collectivism in light of the recent literature on the big triangle: Institutions, culture, and economic development

2021 ◽  
Vol 7 (3) ◽  
pp. 185-199
Author(s):  
Necati Berk
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Economic Behavior ◽  
Extensive Literature ◽  
Positive Effects ◽  
Cultural Variables ◽  
Hand Part ◽  
Wealth Of Nations ◽  
The One

Why do similar economic and political institutions function differently in various cultures? Do cultural traits, differences in individualism versus collectivism, have a causal impact on economic behavior and development? This article presents a recent survey of the literature on the relationship between culture, institutions, and economic growth. On the one hand, part of the literature indicates that there is a one-way causality from culture to institutions and economic performance. On the other hand, there is an extensive literature that has established causality from institutions to economic growth and culture. However, a growing body of empirical research demonstrates that culture and institutions interact in two ways and complement each other affecting long-term growth. Research documents cultural variables affecting a great deal of economic activity and institutions across the world. Recent dominant discourse on the role of the individualism-collectivism cleavage in the determination of the wealth of nations has attempted to examine the positive effects of individualism rather than collectivism. This paper shows that the advantages of collectivism have been rarely researched within economic literature. Taking into account collectivism can shed light on various puzzles in economics, such as solving collective action problems.

scholarly journals COMPARISON OF INDONESIA'S EXPORT-IMPORT WITH CHINA AFTER THE AGREEMENT ON AGRICULTURE (AoA)

2021 ◽  
Vol 2 (3) ◽  
pp. 96-102
Author(s):  
Mohamad Arief Setiawan ◽  
Perdi Setiawan ◽  
Kalfin Kalfin
Keyword(s):  
International Trade ◽  
Agricultural Sector ◽  
Agricultural Products ◽  
Agricultural Policies ◽  
The People ◽  
The Government ◽  
The One ◽  
Agreement On Agriculture

The agricultural sector is the most important sector in the Indonesian and Chinese economies. The role of this sector is not only in international trade activities, but also plays a role in the domestic economy, including food sufficiency. The agricultural policies of Indonesia and China are not only oriented to increasing agricultural productivity for trade purposes but also to improving the standard of living of the people, especially farmers. The flow of economic liberalization brought by the World Trade Organization (WTO) has become a dilemma for Indonesian and Chinese agriculture. On the one hand, the WTO accession decision opens access to wider international trade, but on the other hand, both countries must protect their agriculture through the determination of prices for agricultural products by the government. This paper aims to find out the comparison of Indonesia's exports and imports with China in the field of trade in agricultural products after the implementation of the Agreement on Agriculture (AoA) or agricultural agreements which are part of the WTO from January 1, 1995, to the present. The results of the study obtained that the comparison of Indonesia's exports and imports with China was more optimal. From the research results, it can be used as a comparison for the government in determining further policies to get maximum results.

scholarly journals Epistemological shell of the econometric findings

2005 ◽  
Vol 50 (166) ◽  
pp. 285-316
Author(s):  
Ljubomir Madzar
Keyword(s):  
Production Function ◽  
Aggregate Demand ◽  
Good Deal ◽  
Dutch Disease ◽  
Time Interval ◽  
Reference List ◽  
Domestic Economy ◽  
Foreign Indebtedness ◽  
The One

The paper is a continuation of the dialogue relating to the study cited as the first item in the reference list to this article. It contains further comments on that study as well as responses to the authors? reply to the previously given comments, published in a special issue of the Ekonomski anali cited as the second item of the reference list. The principal issue of this exchange is the treatment of previous non-econometric work in the field of macroeconomic interrelationships and of the corresponding changes in the economy of Serbia. The postulate advanced in this text is the same as the one in the previous critical review of the study by Arsic et al. (2005a) and consists in the statement that econometric analysis of empirical characteristics of the Serbian economy should respect and incorporate knowledge accumulated through the use of non-econometric techniques before the study was produced. Econometricians should do that by framing appropriately their maintained hypotheses, by selecting structural specification of the various relations in the model and through interpreting the results obtained in the form of econometric estimates. A number of critical observations are reiterated regarding the way some relations are structurally specified. Among such criticized relations are the model?s production function having imports as the only argument and the import function. Imports are judged as inappropriate in the role of the argument in the production function because they not only contribute to production through technological complementarities but also reduce it through the demand segment of the system, by capturing a good deal of domestic demand and stifling a number of sectors of domestic economy. Imports are financed, among other, by several ephemeral, short-lived sources such as donations, foreign indebtedness and privatization receipts. Imports are therefore not sustainable and their enormous increase within a limited time interval boils down to a destructive blow, to a dangerous shock to the domestic economy similar to the Dutch disease. Critical remarks are also given regarding the import function in which the sum of wages and salaries is adopted as a measure of the aggregate demand.

You Are the One I Want to Communicate With!

2013 ◽  
Vol 44 (1) ◽  
pp. 16-25 ◽  
Author(s):  
Sabrina Pierucci ◽  
Olivier Klein ◽  
Andrea Carnaghi
Keyword(s):  
Memory Bias ◽  
Shared Reality ◽  
Communication Partner ◽  
Shared Reality Theory ◽  
The One ◽  
Study Participants

This article investigates the role of relational motives in the saying-is-believing effect ( Higgins & Rholes, 1978 ). Building on shared reality theory, we expected this effect to be most likely when communicators were motivated to “get along” with the audience. In the current study, participants were asked to describe an ambiguous target to an audience who either liked or disliked the target. The audience had been previously evaluated as a desirable vs. undesirable communication partner. Only participants who communicated with a desirable audience tuned their messages to suit their audience’s attitude toward the target. In line with predictions, they also displayed an audience-congruent memory bias in later recall.

The Formation of Intermediate Product I in a Purified System The Role of Factor IX or of its Precursor and of a Hageman Factor-PTA Fraction

1961 ◽  
Vol 6 (02) ◽  
pp. 224-234 ◽  
Author(s):  
E. T Yin ◽  
F Duckert
Keyword(s):  
Intermediate Product ◽  
Factor Ix ◽  
Assay Method ◽  
Lag Phase ◽  
Factor X ◽  
Haemophilia B ◽  
Hageman Factor ◽  
One Stage ◽  
The One

Summary1. The role of two clot promoting fractions isolated from either plasma or serum is studied in a purified system for the generation of intermediate product I in which the serum is replaced by factor X and the investigated fractions.2. Optimal generation of intermediate product I is possible in the purified system utilizing fractions devoid of factor IX one-stage activity. Prothrombin and thrombin are not necessary in this system.3. The fraction containing factor IX or its precursor, no measurable activity by the one-stage assay method, controls the yield of intermediate product I. No similar fraction can be isolated from haemophilia B plasma or serum.4. The Hageman factor — PTA fraction shortens the lag phase of intermediate product I formation and has no influence on the yield. This fraction can also be prepared from haemophilia B plasma or serum.

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