Growth and Structural Change in U.S. Food and Fiber Industries: An Input‐Output Perspective
1993
Lee, Chinkook | Schluter, Gerald
We analyze growth and structural change of the food and fiber industries in the U.S. economy, 1972–82. Growth and structural changes are examined in terms of how changes in a sector's output can be apportioned between changes in (1) domestic final demand, (2) export demand, (3) interindustry demand, and (4) domestic supply ratios. Results indicate that growth of U.S. agricultural sectors is nearly equally dependent upon exports and domestic demand, while growth of processed food and nonfood agricultural processing sectors is heavily dependent on domestic demand.
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