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Farm Equipment Industry Performance: Past And Future


  • Bjornson, Bruce
  • Klipfel, Jason


This paper assesses the agricultural equipment industry through the perspective of the three leading firms in the United States. It reviews the salient events of the 1990s and relates the business environment to the firmsÂ’ financial performance. It then assesses the factors likely to impact performance in the future, drawing on lessons from historical performance and on new environmental factors. The firmsÂ’ capital market valuations appear consistent with the expectation that farm equipment firms will resume growth after the farm recession.

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  • Bjornson, Bruce & Klipfel, Jason, 2000. "Farm Equipment Industry Performance: Past And Future," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 3(01).
  • Handle: RePEc:ags:ifaamr:34567

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    References listed on IDEAS

    1. David L. Sunding, 1996. "Measuring the Marginal Cost of Nonuniform Environmental Regulations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 1098-1107.
    2. Paarlberg, Don, 1999. "Obituary for a Farm Program," Choices, Agricultural and Applied Economics Association, vol. 14(1).
    3. Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
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