Data/hora: 10/06/2024 18:22:34

Provedor de dados: 	31	
País: 	United States	
Título: 	Determinants of the Strength of Strategic Adjustments in Farm Capital Structure	
Autores: 	Escalante,   Cesar L.; Barry,   Peter J.	
Data: 	2008-07-14	
Ano: 	2003	
Palavras-chave: 	Business risk; Correlation coefficient measure of risk balancing; Expected utility mean variance model; Financial risk; Risk management strategy; Stochastic interest rates; Strategic capital adjustment; D21; D81; G11; Q12; Q14.	
Resumo: 	This study employs correlation relationships to measure the strength of trade-offs between business and financial risks as a representative of the strategic capital adjustment process.  Under different business risk measures based on varying lengths of historical farm income data, results suggest that farmers tend to adopt a myopic perspective when contemplating risk-balancing plans.  Cross-sectional regression results for two-time period models covering the decade of the 1980s and 1990s yielded important implications.  The liquidity-constrained environment of the 1980s emphasizes the combination of risk-balancing plans, specialization, and market revenue-enhancing strategies.  In the 1990s, risk balancing becomes compatible with risk-reducing crop diversification and insurance protection plans.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/37834	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 35, Number 01, April 2003	
Formato: 	12