Hostname: page-component-848d4c4894-75dct Total loading time: 0 Render date: 2024-06-02T14:19:38.540Z Has data issue: false hasContentIssue false
  • English
  • Français

Some Impacts of Inflation on Farm Firm Growth

Published online by Cambridge University Press:  28 April 2015

George F. Patrick
George F. Patrick*
Affiliation:
Purdue University
Get access

Extract

During the 1970s, many changes have influenced U.S. agriculture. Researchers have devoted considerable attention to analyzing the effects of greater variability of agricultural product prices and means of coping with imperfect knowledge. Questions related to energy and the environment are receiving increased research emphasis. Hathaway has written on inflation and food prices and Tweeten has analyzed the real price effects of inflation on agriculture and total net farm income. Agricultural lenders, farmers, and others have expressed concern about higher land prices and capital requirements, but little research has been directed toward analyzing the effects of inflation at the firm level.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 10 , Issue 2 , December 1978 , pp. 9 - 14
Copyright
Copyright © Southern Agricultural Economics Association 1978

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

[1]Chien, Ying I. and Bradford, Garnett L.. “A Multiperiod Linear Programming Model of the Farm Firm Growth Process,” Research Report 21, Department of Agricultural Economics, University of Kentucky, September 1974.Google Scholar
[2]Hathaway, D. E. “Food Prices and Inflation,” Brookings Papers on Economic Activity, No. 1, 1974, p. 63–109.CrossRefGoogle Scholar
[3]Hesselbach, Josef L. and Eisgruber, Ludwig M.. “Goals and Values — An Empirical Study of Central Indiana Farmers,” unpublished, Max-Planck Institute.Google Scholar
[4]Irwin, George D. “A Comparative Review of Some Firm Growth Models,” Agricultural Economics Research Volume 20, July 1968, pp. 82–100.Google Scholar
[5]Nielson, James. “The Michigan Township Extension Experiment: The Farm Families, Their Attitudes, Goals and Goal Achievement,” Michigan Agricultural Experiment Station Technical Bulletin 287, 1962.Google Scholar
[6]Parthenheimer, E. J. “Some Expectation Models Used by Selected Groups of Midwestern Farmers,” unpublished Ph.D. thesis, Michigan State University, 1959.Google Scholar
[7]Patrick, G. F. and Eisgruber, L. M.. “The Impact of Managerial Ability and Capital Structure on Farm Firm Growth,” American Journal of Agricultural Economics, Volume 50, August 1968, pp. 491–507.CrossRefGoogle Scholar
[8]Smith, Donnie and Capstick, Daniel F.. “Establishing Priorities Among Multiple Management Goals,” Southern Journal of Agricultural Economics, Volume 8, December 1976, pp. 37–43.Google Scholar
[9]Tompkin, J. R. and Sharpies, J. A.. “The Role of Operator's Expectations in Farm Adjustment,” Ohio Agricultural Experiment Station Research Bulletin 936, April 1963.Google Scholar
[10]Tweeten, L. “Inflation and the Farming Industry,” Western Agricultural Economic Association Proceedings, 1975, pp. 1–12.Google Scholar