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Analysis of Kansas Farm Household Expenditures

Author

Listed:
  • Carriker, Gordon L.
  • Featherstone, Allen M.
  • Schroeder, Ted C.

Abstract

The economic stability and viability of farmers are issues of great concern to rural communities. Employing data from the Kansas Farm Management Association data bank, farm household income and price elasticities are estimated in this study. Results indicate that as consumption expenditures decrease, those items for which farm households are most likely to reduce expenditures include gifts, charitable contributions, recreation, education, and furniture.

Suggested Citation

  • Carriker, Gordon L. & Featherstone, Allen M. & Schroeder, Ted C., "undated". "Analysis of Kansas Farm Household Expenditures," Staff Papers 133752, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:133752
    DOI: 10.22004/ag.econ.133752
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    File URL: https://ageconsearch.umn.edu/record/133752/files/kansas-staff-90-04.pdf
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    References listed on IDEAS

    as
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    6. GirAo, J A & Tomek, W G & Mount, T D, 1974. "The Effect of Income Instability on Farmers' Consumption and Investment," The Review of Economics and Statistics, MIT Press, vol. 56(2), pages 141-149, May.
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