Inflation Effects on Financial Performance and Structure of the Farm Sector

Autor:	David A. Lins, Marvin R. Duncan
Rok vydání:	1980
Předmět:	Inflation Economics and Econometrics Labour economics media_common.quotation_subject Farm income Net worth Monetary economics Relative price Agricultural and Biological Sciences (miscellaneous) Debt Economics Cash flow Price level Asset (economics) media_common
Zdroj:	American Journal of Agricultural Economics. 62:1049-1053
ISSN:	1467-8276 0002-9092
DOI:	10.2307/1240313
Popis:	the general price level. As Samuelson and others point out, the problem with inflation is not so much price increases, but rather the inefficiencies and inequities that result from inflation-induced changes in relative prices. Relative price changes affect supply-demand relationships for both factor and product markets. Changes in these relationships in turn influence the level and distribution of income, asset values, cash flows, debt, net worth, and structural characteristics of farm firms. The objective of this paper is to provide a broad overview of inflation's impact on the financial performance and structure of the farm sector.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6ae27dcd55d00fe0f230bbb54be19f12 https://doi.org/10.2307/1240313 Zobrazit plný text záznamu Plný text ve formátu PDF