The problem of complexity in economics on the example of the agricultural sector

Aleksander Grzelak

Abstract

Th e main aim of the article is recognition of the issues of complexity in economics with the particular emphasis on agriculture, as well as indication of resulting implications for this sector. Complexity in economic theory is in general perceived from the perspective of external effects, while the problem may also have other connotations: as the socalled fallacy of composition, or the phenomenon of entropy. The problem of complexity indicates the need for further reflection on the holistic perception of economic processes. This is particularly evident in the ca se of agriculture, when the evaluation based mainly on microeconomic approach from the perspective of the effect/cost relationship loses sight of the environmental, social, and cultural context. Focus should also be put on the entropy approach, which takes into account the openness of socio-economic systems and the limitations of resources, including the environment. Both the operating practice of agriculture together with the institutional surrounding, and agricultural economics are more advanced in the area of solving the problems of complexity on the practical and theoretical grounds, but there are still many issues that require solutions, particularly quantifi cation of externalities. The work is theoretical in nature and a heuristic approach was applied in the considerations
Author Aleksander Grzelak (WE / KMiGŻ)
Aleksander Grzelak,,
- Department of Macroeconomics and Agricultural Economics
Journal seriesAgricultural Economics-Zemedelska Ekonomika, ISSN 0139-570X, (A 15 pkt)
Issue year2015
Vol61
No12
Pages577-586
Publication size in sheets0.5
Keywords in Englishagriculture, complexity, fallacy of composition, entropy
ASJC Classification1101 Agricultural and Biological Sciences (miscellaneous); 2000 General Economics, Econometrics and Finance
DOIDOI:10.17221/236/2014-AGRICECON
URL https://www.agriculturejournals.cz/publicFiles/168939.pdf
Languageen angielski
Score (nominal)15
Score sourcejournalList
ScoreMinisterial score = 15.0, 23-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 15.0, 23-12-2019, ArticleFromJournal
Publication indicators WoS Citations = 2; Scopus SNIP (Source Normalised Impact per Paper): 2015 = 0.85; WoS Impact Factor: 2015 = 0.482 (2) - 2015=0.477 (5)
Citation count*4 (2020-06-30)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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