LeBlanc, Michael; Hrubovcak, James; Durst, Ron L.; … - In: Journal of Agricultural and Resource Economics 17 (1992) 01
The Tax Reform Act of 1986 significantly changed incentives for investing. This analysis specifically examines how changes in marginal tax rates, depreciation schedules, and the investment tax credit altered the cost of capital and net investment in agriculture. A stochastic coefficients...