Assessing Some Effects Of Inflation On The Agricultural Sector
The time pattern of effects of inflation on prices received, prices paid, asset returns, and real incomes of different members of the agricultural sector is described. In the long run it is argued that inflation will have very small, if any, effects on relative prices or real incomes. For the short run, which may be several years, it is likely that some prices will rise more slowly than others and cause income losses. Included in the group of losers are producers of export products.
Volume (Year): 25 (1981)
Issue (Month): 02 (August)
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- G. E. Brandow, 1971. "The Distribution Among Agricultural Producers, Commodities, and Resources of Gains and Losses from Inflation in the Nation's Economy (abstract)," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(5), pages 913.
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- Krugman, Paul R., 1978. "Purchasing power parity and exchange rates : Another look at the evidence," Journal of International Economics, Elsevier, vol. 8(3), pages 397-407, August.
- Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-76, December.
- Davis, D.C. & Mullen, John D. & Bryant, M.J., 1979. "Farmer Income and Expenditure Patterns in a Wheat-Sheep Region," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(01), April.
- Kenneth W. Clements & Phuong Nguyen, 1980. "Inflation and Relative Prices: The Australian Experience," RBA Research Discussion Papers rdp8007, Reserve Bank of Australia.
- Griffith, Garry R., 1974. "Sydney Meat Marketing Margins - An Econometric Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), December.
- Nevile, J W, 1980. "Economic Activity and Fiscal Policy in Australia: A Survey and Critique," The Economic Record, The Economic Society of Australia, vol. 56(155), pages 301-15, December.
- J. B. Penn, 1979. "Commodity Programs and Inflation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 889-895.
- Swan, Peter L, 1978. "The Mathews Report on Business Taxation," The Economic Record, The Economic Society of Australia, vol. 54(145), pages 1-16, April.
- Robinson, K.L., 1979. "The Distributional Consequences of Recent Inflation," Staff Papers 183728, Cornell University, Department of Applied Economics and Management.
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