Agricultural & Applied Economics Association

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

The Agricultural & Applied Economics Association (AAEA) is a professional association for those interested in the field of agricultural and applied economics.

Established in 1910, AAEA currently has more than 2,500 members in more than 20 countries. Members of AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development.


AAEA is responsible for two journals, the American Journal of Agricultural Economics (AJAE),[1] and the Applied Economic Perspectives and Policy (AEPP),[2] both of which are published by Oxford University Press. The association also publishes two outreach publications, an online policy magazine called Choices and a bi-monthly newsletter for its members called The Exchange.[3]


AAEA was founded in 1910 as the American Farm Management Association. In 1919, it merged with the American Association of Agricultural Economists to form the American Farm Economic Association (AFEA). The Journal of Farm Economics was first published in 1919 as well.

In 1968, the AFEA changed its name to the American Agricultural Economics Association (AAEA), at which point its journal became the American Journal of Agricultural Economics. Finally, in 2008, AAEA changed its name to the Agricultural & Applied Economics Association, in order to more accurately describe its membership and the broadening focus of the Association.[4]

John K. Galbraith Forum and Award[edit]

The John Kenneth Galbraith Forum and Award is awarded annually. This prestigious honor goes to a distinguished professional for continuing Galbraith's tradition of outstanding research and major social contributions. The Galbraith Award winner is also a plenary speaker at the AAEA Annual Meeting.

John Kenneth Galbraith was born October 15, 1908. He received his Ph.D. in agricultural economics from the University of California, Berkeley. After graduation, he taught at Berkeley and the University of California, Davis. Galbraith then moved to the East Coast and had a long and distinguished career teaching economics at Harvard and Princeton Universities. He has played an important public service and policy role. During World War II Galbraith administered price controls for the United States. He was an adviser to multiple U.S. Presidents and served as U.S. Ambassador to India under President John F. Kennedy. Galbraith also served as the editor of Fortune Magazine from 1943-1948, and a wrote several books including American Capitalism (1951) and The Affluent Society (1958). He holds the Medal of Freedom and the Order of Canada.

The Forum was created in 2003 as an honor to Galbraith. Agricultural and applied economists from around the world gathered at the 2003 AAEA annual meeting in Montreal, Canada, to witness the birth of the John Kenneth Galbraith Forum and Award. The Galbraith Fund was established within the AAEA Trust by private donors. The Galbraith Forum and Award Committee selects the recipient of the Award each year. The committee has six members appointed to a three-year rotating term, with two new members each year. Five Galbraith Award Honorees are Nobel Laureates.

Past recipients[edit]

* indicates Nobel Laureate

  • 2003: Gordon Rausser, University California, Berkeley, James Galbraith, University of Texas, Derek Bok, Harvard University
  • 2004: Joseph E. Stiglitz*, Columbia University
  • 2005: Michael E. Porter, Harvard University
  • 2006: Kenneth Arrow*, Stanford Institute for Economic Policy
  • 2007: Sir Partha Dasgupta, St. John’s College, Cambridge
  • 2008: Elinor Ostrom*, Indiana University
  • 2009: Angus Deaton*, Princeton University
  • 2010: John A. List, University of Chicago
  • 2011: Martin Ravallion, World Bank
  • 2012: Daron Acemoglu, Massachusetts Institute of Technology
  • 2013: Martin Weitzman, Harvard University
  • 2014: Jean Tirole*, Toulouse School of Economics
  • 2015: Anne Case, Princeton University
  • 2016: Alain de Janvry, University of California, Berkeley
  • 2017: Dan Ariely, University of North Carolina
  • 2018: Paul Romer*, New York University


  1. ^ "Archived copy". Archived from the original on 2009-04-21. Retrieved 2009-05-05.CS1 maint: Archived copy as title (link)
  2. ^ "AEPP - Agricultural & Applied Economics Association". Retrieved 14 August 2018.
  3. ^ "The Exchange - Agricultural & Applied Economics Association". Retrieved 14 August 2018.
  4. ^ "We are pleased to announce that effective August 1, 2008, that is directly after the 2008 Joint Annual Meeting in Orlando, Florida, our Association name will be changed to the Agricultural and Applied Economics Association (AAEA)" (PDF). Retrieved 14 August 2018.

External links[edit]