Andersen, Matt A.; Alston, Julian M.; Pardey, Philip G. - In: American Journal of Agricultural Economics 93 (2010) 3, pp. 714-734
This paper begins with a review of the methods and assumptions used to measure capital service flows. Two data series on capital inputs in U.S. agriculture are briefly described and compared. We show that measures of capital services are sensitive to the treatment of interest rates. Notably, the...