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A simulation ir!octel developed from regression estimates of fa-.rm ~ector sources and uses of. funds is llsed to project a farm income statement, balance sheet, and sources-and-uscs-of-funds statement to 1980. Projection results suggest that (a) total assets in the farm sector may total morc...
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Two approaches, a flexible accelerator model and a stochastic coefficients alternative, are used to estimate the structure of aggregate agricultural investment. Structural estimates of the adjustment rates for each model are similar. The stochastic coefficients model, however, performs better in...
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U.S farms are becoming increasingly specialized, limiting the usefulness of traditional aggregate analysis. This report identifies data limitations, advantages in estimating farm income by type of farm, and the implications of SIC-based measures. The potential relationships between the SIC type...
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