EMPLOYMENT IN AGRIBUSINESS AND PURCHASES OF AGRICULTURAL PRODUCTS: THE EFFECTS OF MONETIZATION IN YUGOSLAVIA

Dragan Miljkovic and Roberto J. Garcia

Journal of Agricultural and Applied Economics, 1996, vol. 28, issue 2, 12

Abstract: Efforts to stabilized employment and output in the agricultural sector of Yugoslavia through monetization contributed to inflationary pressures. Granger causality tests suggested that increases in the rate of growth in the supply of money to subsidize state-owned agribusiness were insufficient to maintain purchases of wheat and corn, but did cause purchases of cattle and swine. This result may be explained by producers having more flexibility in grain marketing (i.e., storage options and private buyers) and the perishability issues related to livestock marketing. The policy to maintain employment through monetization is shown to have been ineffective.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/15123/files/28020357.pdf (application/pdf)

Related works:
Journal Article: Employment in Agribusiness and Purchases of Agricultural Products: The Effects of Monetization in Yugoslavia (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15123

DOI: 10.22004/ag.econ.15123

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().