1997 Survey of Former Iowa Hog Producers: Motivations of Exiting and Incentives to Return
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The Department of Economic Science was founded in 1898 to teach economic theory as a truth of industrial life, and was very much concerned with applying economics to business and industry, particularly agriculture. Between 1910 and 1967 it showed the growing influence of other social studies, such as sociology, history, and political science. Today it encompasses the majors of Agricultural Business (preparing for agricultural finance and management), Business Economics, and Economics (for advanced studies in business or economics or for careers in financing, management, insurance, etc).
History
The Department of Economic Science was founded in 1898 under the Division of Industrial Science (later College of Liberal Arts and Sciences); it became co-directed by the Division of Agriculture in 1919. In 1910 it became the Department of Economics and Political Science. In 1913 it became the Department of Applied Economics and Social Science; in 1924 it became the Department of Economics, History, and Sociology; in 1931 it became the Department of Economics and Sociology. In 1967 it became the Department of Economics, and in 2007 it became co-directed by the Colleges of Agriculture and Life Sciences, Liberal Arts and Sciences, and Business.
Dates of Existence
1898–present
Historical Names
- Department of Economic Science (1898–1910)
- Department of Economics and Political Science (1910-1913)
- Department of Applied Economics and Social Science (1913–1924)
- Department of Economics, History and Sociology (1924–1931)
- Department of Economics and Sociology (1931–1967)
Related Units
- College of Agricultural and Life Sciences (parent college)
- College of Liberal Arts and Sciences (parent college)
- College of Business (parent college)
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Abstract
Over 14,000 Iowa farmers quit raising hogs between December 1992 and December 1996. This exodus represents 40 percent of the report number of farms with hogs in 1992. This five year period also represents a time of enormous,change in the.pork industry; rapidly changing technology,.. emergence of mega operations, regional shifts of hog production, record high com prices, and the lowest hog prices in over 20 years; There has been a great deal of speculation about why Iowa farmers quit raising hogs, but little is known about what type of individuals and operations left the industry, why they quit, and if they would return to the business. This report summarizes a survey of these ' producers that provides insight to better answer these questions.