GOVERNMENT PAYMENTS TO FARMERS AND REAL AGRICULTURAL ASSET VALUES IN THE 1980S

Charles Moss, J Shonkwiler and John E. Reynolds

Southern Journal of Agricultural Economics, 1989, vol. 21, issue 2, 15

Abstract: This study determines the effect of government payments on real agricultural asset values using Bayesian vector autoregression. In developing the empirical model, special attention is focused on the informational content of government payments. The results indicate that government payments to farmers have little effect on real asset values in the long run. In the short run, an increase in government payments to farmers may be associated with decline in asset values.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1989
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Citations: View citations in EconPapers (4)

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Journal Article: Government Payments to Farmers and Real Agricultural Asset Values in the 1980s (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:30097

DOI: 10.22004/ag.econ.30097

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