ASSESSING SOME EFFECTS OF INFLATION ON THE AGRICULTURAL SECTOR
John Freebairn
Australian Journal of Agricultural Economics, 1981, vol. 25, issue 2, 16
Abstract:
The time pattern of effects of inflation on prices received, prices paid, asset returns, and real incomes of different members of the agricultural sector is described. In the long run it is argued that inflation will have very small, if any, effects on relative prices or real incomes. For the short run, which may be several years, it is likely that some prices will rise more slowly than others and cause income losses. Included in the group of losers are producers of export products.
Keywords: Agricultural Finance; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1981
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22870
DOI: 10.22004/ag.econ.22870
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