Files
Abstract
This article analyzes 1955 data on gross farm income, production expenditures, net
income, and marketing charges, by major commodity groups. This piece of research
is largely a byproduct of the Agricultural Industrial Relations Study of 1955 which
provided some insights into the impact of purchases and sales of the farm economy.
The framework of analysis is the same as that used in an earlier article published in the
January 1952 issue of Agricultural Economics Research, "Some Relationships Between
Agriculture and the General Economy," by Karl A. Fox and the author of the present
paper. In the earlier article, data for the year 1947 were analyzed. The analysis in
the article that follows shows the way each of seven major groups of expenditures is
distributed among the commodity categories, and the percentage use that each commodity
group makes of each expenditure group in its total production expenses.