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Forecasting the Probability of Receiving and Use of Grants by Farmers through Logistical Statistical Models


  • Minka Anastasova-Chopeva


Examined are the changes that will occur in the probability of use of possible grants after direct payments for a unit of area in agriculture are available. Related to this is examined the dependence between the sought possibility and the economic size of farms trough logistical statistical modeling. On the ground of the created logistical models are drawn up plans on the expected use of grants generally to secure of means of circulation and main means of production as well as only to use them in long-term investment. Some important conclusions are made about the future behavior of farmers from the point of view of their investment activity. The more favorable structure of farms after receiving of the payments for a unit of area is the main reason for the expected bigger size of the examined possibility.

Suggested Citation

  • Minka Anastasova-Chopeva, 2008. "Forecasting the Probability of Receiving and Use of Grants by Farmers through Logistical Statistical Models," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 13-25.
  • Handle: RePEc:bas:econth:y:2008:i:1:p:13-25

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    References listed on IDEAS

    1. Ingersoll, Jonathan E, Jr & Ross, Stephen A, 1992. "Waiting to Invest: Investment and Uncertainty," The Journal of Business, University of Chicago Press, vol. 65(1), pages 1-29, January.
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    3. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
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    6. Bruce Kogut, 1991. "Joint Ventures and the Option to Expand and Acquire," Management Science, INFORMS, vol. 37(1), pages 19-33, January.
    7. Cox, John C. & Ross, Stephen A. & Rubinstein, Mark, 1979. "Option pricing: A simplified approach," Journal of Financial Economics, Elsevier, vol. 7(3), pages 229-263, September.
    8. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
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    More about this item

    JEL classification:

    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance


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