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Needed Research with Respect to Energy Use in Agricultural Production*

Published online by Cambridge University Press:  28 April 2015

Joseph Havlicek Jr
Affiliation:
Department of Agricultural Economics and Department of Statistics
Oral Capps Jr
Affiliation:
Department of Agricultural Economics, Virginia Polytechnic Institute and , State University

Extract

The agricultural industry, like other industries, has become increasingly dependent upon energy resources such as electricity, fossil fuels, chemicals and fertilizers, largely due to relatively low energy prices. In the middle 1970s, however, energy prices rose sharply as a result of continuously rightward shifting energy demands and leftward shifting energy supplies due to dwindling domestic reserves and oil price increases by OPEC nations. Although the rapidly rising energy prices may have been viewed initially as a temporary phenomenon, most now agree that we are in an era of high energy prices. Carter and Youde [2] have discussed some impacts of the changing energy situation on U.S. agriculture.

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 1977

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Footnotes

*

The authors are indebted to Joseph D. Coffey, Rod Martin and two anonymous Journal reviewers for helpful comments on an earlier version of this manuscript

References

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