Article

Economic modelling of agricultural production: past advances and new challenges

Alain Carpentier, Alexandre Gohin, Paolo Sckokai, and Alban Thomas

Abstract

This paper is a methodological review focusing on the major advances in modelling issues in agricultural production economics that have been made over recent decades. Issues include the role of markets and international trade, structural and dynamic aspects of production, environmental impacts of production decisions and risk issues. We describe the main scientific developments and their implications for policy design and evaluation for each topic. We also provide a short conclusion on emerging issues, data and modelling requirements and perspectives for future research.

Keywords

agricultural production; land use; investment; dynamics; risk management;

JEL codes

  • Q12: Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
  • Q15: Land Ownership and Tenure • Land Reform • Land Use • Irrigation • Agriculture and Environment
  • Q17: Agriculture in International Trade

Reference

Alain Carpentier, Alexandre Gohin, Paolo Sckokai, and Alban Thomas, Economic modelling of agricultural production: past advances and new challenges, Review of Agricultural and Environmental Studies, vol. 96, n. 1, 2015, pp. 131–165.

Published in

Review of Agricultural and Environmental Studies, vol. 96, n. 1, 2015, pp. 131–165