Abstract
Weather and environmental variability have been major constraints on agricultural systems and a major force in shaping agricultural technologies and institutions. Variability has given rise to inventory systems and food storage systems as well as water inventory systems. The use of food storage facilities for protection against uncertainty of the weather is an ancient form of agricultural policy dating back at least to the story of Joseph in Egypt. Currently, farmers and agribusiness enterprises invest heavily in construction and management of food storage facilities. Moreover, food inventory control and management is one of the major elements of U.S. agricultural policy and one of the major areas of responsibility of the U.S. Department of Agricultural (USDA).
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© 1991 Springer-Verlag Berlin Heidelberg
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Just, R.E., Lichtenberg, E., Zilberman, D. (1991). Joint Management of Buffer Stocks for Water and Commodities. In: Just, R.E., Bockstael, N. (eds) Commodity and Resource Policies in Agricultural Systems. Agricultural Management and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-75499-9_9
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DOI: https://doi.org/10.1007/978-3-642-75499-9_9
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