Agroindustrialization of the Global Agrifood Economy: Bridging Development Economics and Agribusiness Research

Abstract

This paper examines the agroindustrialization process from two supposedly disparate views: development economics and agribusiness research. The evolution of conceptual and methodological approaches emanating from these fields is explored and general observations are made concerning farm economic interdependence, institutional and organizational change, differing scopes of interest, the causes of groindustrialization, orientation, and the choice of microanalytic tools, terminology, and unit of analysis. Despite an impressive list of hurdles, disincentives, and disconnects, complementarities between the two fields are identified. The paper concludes by exploring the potential of bridging development economics and agribusiness research to inform the future agroindustrialization research agenda.

Keywords: Agroindustrialization, Development economics, Agribusiness