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This paper explicitly models the interdependent finance and investment decision in order to increase the understanding on how fluctuations in agricultural investment are attributable to changes in financial decisions. Euler equations for investment and finance are estimated by the use of the GMM...
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With the current federal farm bill expired as of the end of September this year, many proposals have been made to redesign the next bill. The objective of this study is to compare the current policy with major proposed alternatives by estimating the potential payments for 17 example farms in...
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This study employs a dynamic continuous time model to calculate farm and total farm/financial/off-farm investment portfolios. Data are from the Southwestern Minnesota Farm Business Management Association records. Results are derived for classes of farms sorted by farm profitability. It is shown...
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