Monetary policy and agriculture: Interrelationships discussed in the literature during the past two decades

Charles D. Lambert
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Charles D. Lambert: Kansas State University, Manhattan, Kansas, Postal: Kansas State University, Manhattan, Kansas

Agribusiness, 1986, vol. 2, issue 2, 159-181

Abstract: This survey of the literature reviews interrelationships between changing US monetary and fiscal policies and resulting impacts on the agricultural sector with implications for agribusiness. Policy instruments discussed include movement to floating exchange rates (1971 and 1973), controlled bank reserves (1979), and federal spending deficits. Impacts on agriculture resulting from these policies encompass changed export demand for agricultural products, increased instability of agricultural income, and higher interest rate costs in a capital-intensive industry. Also reviewed are linkages between agriculture and the rest of the economy and credit linkages to agricultural production.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:2:y:1986:i:2:p:159-181

DOI: 10.1002/1520-6297(198622)2:2<159::AID-AGR2720020203>3.0.CO;2-5

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