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Is There Disinvestment in the Farming Sector?

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  • Allen G. Smith

Abstract

The farming sector is not in a period of net capital withdrawal. The accounting system for the farm sector in the national economic accounts indicates a net disinvestment, while the USDA Balance Sheet accounts overstate investment. This article presents an alternative which uses a cost basis for land.

Suggested Citation

  • Allen G. Smith, 1972. "Is There Disinvestment in the Farming Sector?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 275-278.
  • Handle: RePEc:oup:ajagec:v:54:y:1972:i:2:p:275-278.
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    File URL: http://hdl.handle.net/10.2307/1238714
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    Cited by:

    1. National Resource Economics Division, Economics, Statistics, and Cooperatives Service, 1979. "Natural Resource Capital in U.S. Agriculture: Irrigation, Drainage and Conservation Investments Since 1900," Economics Statistics and Cooperative Services (ESCS) Reports 329202, United States Department of Agriculture, Economic Research Service.
    2. Lanier, Eleanor B., 1974. "Economics of Agriculture: Reports and Publications Issued or Sponsored by USDA's Economic Research Service, July 1971-June 1972," Miscellaneous Publications 321804, United States Department of Agriculture, Economic Research Service.

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