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THE EMPLOYMENT PROBLEM, AGRICULTURAL CHANGE, AND POLICY OBJECTIVES IN INDUSTRIALLY ADVANCED COUNTRIES
Author(s) -
Wagstaff Howard
Publication year - 1986
Publication title -
journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.157
H-Index - 61
eISSN - 1477-9552
pISSN - 0021-857X
DOI - 10.1111/j.1477-9552.1986.tb01586.x
Subject(s) - agriculture , incentive , economics , investment (military) , economic policy , public investment , market economy , political science , ecology , european union , politics , law , biology
Traditional macroeconomic approaches to the employment problem are insufficient at the stage of development reached in the industrially advanced capitalist economies, and employment policy has to encompass a much wider range of incentives, public expenditure criteria, and investment decisions affecting all sectors of the economy. Implications for the agricultural sector are discussed. Employment and labour use are seen as inter‐related with other aspects of agricultural policy, including those concerned with agronomic and ecological problems. Performance criteria often adopted in evaluating agricultural change are called into question, and a reappraisal of cost concepts is found to raise some fundamental issues faced by industrially advanced societies.