Sources and uses of funds in agricultural cooperatives are examined and compared to the aggregate of nonfinancial corporations for the period 1973-1987. Cooperatives are observed to finance nearly half their growth with equity. The equity financing proportion of cooperatives is statistically...

Money is broadly defined to include M2 plus large denomination time deposits and deposits in savings institutions. Splitting M2+ into two components, M1 and the remainder, MD, each was found to bear a stable relationship to GDP over the 1929-94 period. An economic test of the causality question...

This paper explores the issue of how much debt could have successfully been serviced by various farm types during a recent period characterized by large income fluctuation (the 10 years studied include the high returns years 1972-73 and the generally low returns years 1966-70).

This paper attempts to present fundamental aspects of the economic theory of John R. Commons by comparing it with that theory usually presented in economics textbooks. The discussion starts with definitions and a general perspective of the Commons' theory and proceeds to examine and compare...