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Endogenizing Loan Activity in an Inventory Model for U.S. Corn

Author

Listed:
  • Schouten, Duane
  • Meyers, William H.

Abstract

This paper presents an analysis for endogenizing loan activity in an inventory model for U.S. corn. Equations are specified which estimate ending commercial stocks, total government loans, and nonrecourse loan redemptions. Abetter understanding of loan activity and its influence on ending stocks will help in evaluating government loan outlays.

Suggested Citation

  • Schouten, Duane & Meyers, William H., 1985. "Endogenizing Loan Activity in an Inventory Model for U.S. Corn," 1985 Annual Meeting, August 4-7, Ames, Iowa 278509, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea85:278509
    DOI: 10.22004/ag.econ.278509
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    File URL: https://ageconsearch.umn.edu/record/278509/files/aaea-1985-006.pdf
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    References listed on IDEAS

    as
    1. Golden, Michael & Burman, Leonard, 1979. "An Econometric Model of Farmers' Demand For Commodity Credit Corporation Loans," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 11(2), pages 47-55, December.
    2. Miller, Ronald R. & Meyers, William H. & Lancaster, Michael A., 1978. "Farmers' Response To The Commodity Credit Corporation'S Loan Program," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(2), pages 1-8, December.
    3. Baumes, Harry S. & Meyers, William H., 1980. "The Crops Model: Structural Equations, Definitions and Selected Impact Multipliers," Staff General Research Papers Archive 10933, Iowa State University, Department of Economics.
    4. Miller, Ronald R. & Meyers, William H. & Lancaster, Michael A., 1978. "Farmers' Response to the Commodity Credit Corporation's Loan Program," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(2), pages 157-164, December.
    5. Meyers, William H. & Smyth, D. Craig, 1984. "An Evaluation of Corn Reserve Placements: The Impacts of Program Provisions and Market Conditions," 1984 Annual Meeting, August 5-8, Ithaca, New York 278900, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Golden, Michael & Burman, Leonard, 1979. "An Econometric Model Of Farmers' Demand For Commodity Credit Corporation Loans," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 11(2), pages 1-9, December.
    Full references (including those not matched with items on IDEAS)

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