Over the past 50 years and longer, the supply of food commodities has grown faster than the effective market demand, in spite of increasing population and per capita incomes.
Alston, Julian M.; Babcock, Bruce A.; Pardey, Philip G.
Publisher:
The Shifting Patterns of Agricultural Production and Productivity Worldwide, Iowa State University, The Midwest Agribusiness Trade Research and Information Center (MATRIC), 2010, 343-381.