IDEAS home Printed from https://ideas.repec.org/p/ags/midagr/11151.html
   My bibliography  Save this paper

U.S. Farm Non-Real Estate Debt: A Profile And Forecast

Author

Listed:
  • Williams, Anne Nadia

Abstract

No macroeconomic theory of debt exists. This study proposes that the supply of and demand for farm non-real estate debt (excluding commodity credit corporation program payments) can be explained by levels of income, wealth, input price variables and the cost of money. The effects of three macroeconomic variables, deflated gross national product, deflated exchange rate and inflation are also studied. Positive relationships between all variables (except exchange rate) and non-real estate debt are hypothesized by generalizing about the debt attitudes of the subgroup of farmers with sales of $100,000 and over. This group was selected as the focus group because it has been the largest contributor to aggregate farm non-real estate debt in recent years. The rationale is that this group is wealthy enough to translate increases in costs into higher debt levels.

Suggested Citation

  • Williams, Anne Nadia, 1987. "U.S. Farm Non-Real Estate Debt: A Profile And Forecast," Graduate Research Master's Degree Plan B Papers 11151, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midagr:11151
    DOI: 10.22004/ag.econ.11151
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/11151/files/pb87wi01.PDF
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.11151?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Agricultural Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:midagr:11151. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/damsuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.