The Differential Effects of Inflation on Selected Food-Related Sectors of the U.S. Economy, 1967-1978
Gerald Schluter and
Gene K. Lee
No 278934, 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
A consistent economic model for measuring the price-induced income effects of relative price changes is reported and used to analyse sectors within the food system. Since 1972 the farm sector has benefited from relative price changes but export-oriented crop sectors have done better than domestic-oriented crop sectors and livestock.
Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 15
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea80:278934
DOI: 10.22004/ag.econ.278934
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