Economic Review - Federal Reserve Bank of Kansas City

Articles from January 2018

Agriculture and International Labor Flows
Wage and salary workers account for two-thirds of average employment in U.S. agriculture, which has 2.3 million full-time equivalent jobs. Hired farm workers are concentrated in three interrelated ways: by commodity, area, and size of farm. Two-thirds...
Agrifood Foreign Direct Investment and Waves of Globalization of Emerging Markets: Lessons for U.S. Firms
European and U.S. trade and foreign direct investment (FDI) into the agrifood sector of developing and emerging economies in Africa, Asia, and Latin America have been important for 500 years. As the economic and policy context has evolved, globalization...
Exploring the Economic Impact of Changing Climate Conditions and Trade Policies on Agricultural Trade: A CGE Analysis
Agricultural trade will play a significant role in the future contribution of the agriculture sector to local and global economic outcomes, including economic growth, rural employment, and food prices. Trade outcomes will be affected by changes in production...
The Business Merits of Agricultural Trade
Since the early 1990s, there has been a growing convergence of global production and trade in agriculture, which is also true for other industries. Firms with supply chains that operate within the food-marketing channel have increased the vertical coordination...
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