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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- Ryan, James G. & Duncan, Ronald C., 1974. "Effects On Farm Incomes And Rural Labour Of A Relative Increase In Wages," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 18(03), pages -, December.
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- J. B. Penn, 1979. "Commodity Programs and Inflation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 889-895.
- 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.
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- Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
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