Best Tractors

Best Tractors

Food production can be increased if the primary producer or farmer is provided with a guaranteed profitable income for the farm produce. With such guarantees the farmer can invest in the necessary inputs including mechanization to increase productivity, secure in the knowledge that, as productivity increases, income will increase enabling payback and facilitating further investment as required.
Japan and the United States relied on different technological paths to expand their agricultural output. Research summarized by Hayami and others (1975) and Binswanger and Ruttan (1978) has established that Japan has long emphasized biological, yield-raising technology, much of it supported by heavy investment in irrigation. This emphasis continued with systematic investment in agricultural research initiated after 1868.

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Food production can be increased if the primary producer or farmer is provided with a guaranteed profitable income for the farm produce. With such guarantees the farmer can invest in the necessary inputs including mechanization to increase productivity, secure in the knowledge that, as productivity increases, income will increase enabling payback and facilitating further investment as required.
Japan and the United States relied on different technological paths to expand their agricultural output. Research summarized by Hayami and others (1975) and Binswanger and Ruttan (1978) has established that Japan has long emphasized biological, yield-raising technology, much of it supported by heavy investment in irrigation. This emphasis continued with systematic investment in agricultural research initiated after 1868.

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