Premium
Geography and Agricultural Income: An Additional Hypothesis
Author(s) -
Norman David W.,
Castle Emery N.
Publication year - 1967
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1236893
Subject(s) - agriculture , geography , economic geography , regional science , archaeology
This article is an attempt to add to the list of variables that may help explain the geographical pattern of agricultural income in the United States. A “range of choice” hypothesis is advanced and explained in terms of economic logic. The hypothesis was tested empirically with Kansas and Oregon data. The empirical results were consistent with the hypothesis for the Kansas data. The results were inconclusive for the Oregon data. The policy implications are discussed and the importance of considering penalties as well as rewards in explaining economic behavior is stressed.