Aggregate investment demand for farm buildings: A national, regional and state time-series analysis

dc.contributor.author Scott, John
dc.contributor.author Heady, Earl
dc.contributor.department Extension and Experiment Station Publications
dc.date 2018-02-18T14:10:49.000
dc.date.accessioned 2020-06-30T06:59:43Z
dc.date.available 2020-06-30T06:59:43Z
dc.date.embargo 2017-06-22
dc.date.issued 2017-06-22
dc.description.abstract <p>This study deals with the aggregate investment expenditure on farm buildings. It includes an econometric analysis of investment demand for farm buildings and related underlying variables. Aggregate time-series data are used in the study.</p> <p>Three levels of aggregation are used in estimating demand functions: national, regional and state. The demand functions estimated are for annual expenditures on new farm buildings and remodeling of old farm buildings-both housing and service buildings.</p> <p>The important variables identified by the study and included in the national demand relationship are net farm income, gross farm income, the rate of interest on new farm mortgages, the ratio of long-term assets to long-term debts and a time-trend. The same variables were significant in regional analyses. However, net farm income was not included in the analysis' because of lack of data. All variables used in regional analyses were significant in the state models. An additional variable, farm size, was significant in demand functions for certain states.</p>
dc.identifier archive/lib.dr.iastate.edu/researchbulletin/vol35/iss545/1/
dc.identifier.articleid 1560
dc.identifier.contextkey 10336612
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath researchbulletin/vol35/iss545/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/62884
dc.source.bitstream archive/lib.dr.iastate.edu/researchbulletin/vol35/iss545/1/Agricultural_Research_Bulletin_v035_b545.pdf|||Fri Jan 14 17:41:04 UTC 2022
dc.subject.disciplines Agriculture
dc.subject.disciplines Economics
dc.subject.disciplines Sociology
dc.title Aggregate investment demand for farm buildings: A national, regional and state time-series analysis
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 56cf0e9a-07d8-4ac4-bb4e-dcd1a6c5a200
relation.isOrgUnitOfPublication 302bd0e8-f82f-406a-88b5-c8f956b5f77b
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