ASYMMETRIC INFORMATION, CAPITAL STRUCTURE AND AGRICULTURAL INVESTMENT

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 technique on an unbalanced panel data set for 342 farm operations in Southwestern Minnesota for the 1989-1998 period.

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Year of publication:	2001
Authors:	Lagerkvist, Carl Johan ; Olson, Kent D.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Agricultural Finance

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Extent:	application/pdf
Series:	2001 Annual meeting, August 5-8, Chicago, IL.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2001 Annual meeting, August 5-8, Chicago, IL Number 20652
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005807787