Data/hora: 09/06/2024 06:49:24

Provedor de dados: | 31
País: | United States
Título: | Dynamic Relationships Between Farm Real Estate Values and Federal Farm Program Payments
Autores: | Shaik,   Saleem; Miljkovic,   Dragan.
Data: | 2010-04-29
Ano: | 2010
Palavras-chave: | Dynamics; Farm program payments; Farm real estate values; U.S. data 1933 – 2006; Vector error correction model; Agricultural and Food Policy; Land Economics/Use.
Resumo: | This study examines the dynamic relationships among farm real estate values, farm returns, farm program payments, and real interest rates in an income capitalization model. Endogeneity is assumed among the variables in a dynamic framework because the direction of causality is unclear from a theoretical standpoint. The analysis encompasses the period beginning with the introduction of the first farm bill in 1933 and ending in 2006. Results indicate farm program payments have positive direct impacts in the short run and positive indirect impacts (via farm returns) in the long run on farm real estate values.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/61069

Relação:

Journal of Agricultural and Resource Economics&gt;Volume 35, Number 1, April 2010

JARE

35(1)

Formato: | 13