The Effect of Inflation on Agriculture PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Effect of Inflation on Agriculture PDF full book. Access full book title The Effect of Inflation on Agriculture by Harry L. Severson. Download full books in PDF and EPUB format.
Author: Harry L. Severson
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 148
Get Book Here
Book Description
Author: Harry L. Severson
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 148
Get Book Here
Book Description
Author: Yaaqov Goldschmidt
Publisher: Rowman & Littlefield
ISBN: 9780847674275
Category : Business & Economics
Languages : en
Pages : 230
Get Book Here
Book Description
This important book contributes significantly to our understanding of financial analysis in an inflationary environment. Major topics covered include the interest charges on working capital, the effect of debt finance on liquidity, the impact of inflation on tax liability resulting from interest on loans, and income measurement with a special emphasis on performance evaluation.
Author:
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 684
Get Book Here
Book Description
Author: Paul T. Prentice
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 56
Get Book Here
Book Description
Author: Michigan State University. Department of Agricultural Economics
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Get Book Here
Book Description
Author: United States. Department of Agriculture
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 572
Get Book Here
Book Description
Author: United States-Israel Binational Agricultural Research and Development Fund
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Get Book Here
Book Description
Author: L.R. Graca
Publisher:
ISBN:
Category :
Languages : en
Pages : 135
Get Book Here
Book Description
The major objetive addressed by this research was to estimate the effect of inflation on tractor sales in U.S. agriculture. To attain this objective, two vestor-autoregressive models of quarterly tractor sales were cenceptualized and estimated. The first model included the inflation rate as an explicit variable. Additional variables in the model include: tractor sales, real income, and real annual cost of tractors. The second model also included four variables: tractor sales, real income, an index of real cash flow, and an index of implicit real rental price of tractors taking income taxes into account. The second model was conceptualized in order to estimate the specific effects of inflation though the variables by tax laws (depreciation shield, real after-tax interest rate, and investment tax credit) and through the effects on cash flows. For both models, the following statistical procedures were performed: 1) a causality test; 2) the impulse response of tractor sales to shocks in other variables; 3) a forecast error variance decomposition; and 4) a historical decomposition of variance. Results for the first model found that inflation was a significant variable explaining tractor sales for the period 1961Q3-1982Q2. However, tractor sales found to be more sensitive to actual past changes in real annual cost and real income than to inflation. Results for the second model found a theoretically inconsistent causation (positive instead of negative) running from implicit rental price index to tractor sales. This result was a barrier to delineating the effect of inflation through tax laws. The real cash flow index (which increases with inflation) was the most important variable in explaining tractor sales for above period. The study concluded that inflation had a negative effect on tractor sales during the period 1961Q3-1982Q2. The magnitude of these effects were smaller than those from real annual cost and real income. The particular negative effect of inflation through cash flow stress might be an important factor concerning capital formation in agriculture. The importance of the reduced value of depreciation income-tax shield and lower real after-tax cost of capital as caused by inflation was not confirmed.
Author: Horace Clyde Filley
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 144
Get Book Here
Book Description
Author: Abdul-Aziz Iddrisu
Publisher: Routledge
ISBN: 1000528421
Category : Business & Economics
Languages : en
Pages : 120
Get Book Here
Book Description
This book focuses on the impact of monetary policy and food price volatility and inflation in emerging and developing economies. The tendency for food price volatility to blot inflation forecasting accuracy, engender tail dynamics in the overall inflation trajectory and derail economic welfare is well known in the literature. The ability of monetary policy to exact stability in food prices, theoretically, has also been well espoused. The empirical evidence, however, is not only in short supply, but also the studies available have dwelt on approaches that underplay the volatile behaviour of food prices. This book focuses on inflation targeting in emerging economies such as Chile, Mexico, Turkey, Brazil, Hungary, Russia, Colombia, South Africa, Indonesia and Ghana, as these are economies with considerable proportion of the consumption basket occupied by food. The book provides the means to understand at first hand the correct way to model food inflation, account for the related policy responses to deviations either in the short or medium to long term, and in market conditions that are subject to excessive variability. Strong evidence is presented that captures deviations of food prices from their trend and the accompanying monetary policy effect in stabilizing such variabilities across distinct frequencies. The novel approach in this book addresses the burgeoning puzzles of asymmetry in monetary policy effect on food prices at high, medium and low episodes of food inflation. In doing so, this book presents a powerful tool for researchers interested in understanding not just the transmission mechanism, but also the magnitudes involved, and to policymakers whose existing tools have failed them. Future studies will do well to deepen the evidence and seek new grounds to which the phenomenon manifests beyond and below emerging markets. This book will be of great interest to students, scholars and policymakers involved in agricultural economics, financial economics, food security and sustainable development.
