A Century of Research on Agricultural Markets
回顾过去一百年农业市场研究的主要创新,涵盖市场结构、纵向协调、生产者集体行动、价格建模、空间市场关系、储存、信息系统及风险管理机制,并指出未来研究方向。
Abstract This article provides a perspective on major innovations in research on agricultural markets over the past century. We review research on market structure and performance, vertical coordination arrangements, and institutions for producer collective action. Contributions to empirical modeling of agricultural price determination and marketing margins are also evaluated, as are innovations in research on spatial market relationships and the role of storage. Finally, we discuss contributions to understanding market information systems and the functioning of market‐based mechanisms for agricultural risk management, including futures, options, and insurance. Although progress over the century has been remarkable, we conclude by highlighting possible directions for future research.