IDEAS home Printed from https://ideas.repec.org/p/ags/ksaesp/133752.html
   My bibliography  Save this paper

Analysis of Kansas Farm Household Expenditures

Author

Listed:
  • Carriker, Gordon L.
  • Featherstone, Allen M.
  • Schroeder, Ted C.

Abstract

The economic stability and viability of farmers are issues of great concern to rural communities. Employing data from the Kansas Farm Management Association data bank, farm household income and price elasticities are estimated in this study. Results indicate that as consumption expenditures decrease, those items for which farm households are most likely to reduce expenditures include gifts, charitable contributions, recreation, education, and furniture.

Suggested Citation

  • Carriker, Gordon L. & Featherstone, Allen M. & Schroeder, Ted C., 1989. "Analysis of Kansas Farm Household Expenditures," Staff Papers 133752, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:133752
    DOI: 10.22004/ag.econ.133752
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/133752/files/kansas-staff-90-04.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.133752?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Milton Friedman, 1957. "Introduction to "A Theory of the Consumption Function"," NBER Chapters, in: A Theory of the Consumption Function, pages 1-6, National Bureau of Economic Research, Inc.
    2. Richard Green & Zuhair A. Hassan, 1981. "Choices and Consequences: Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 174-175.
    3. GirAo, J A & Tomek, W G & Mount, T D, 1974. "The Effect of Income Instability on Farmers' Consumption and Investment," The Review of Economics and Statistics, MIT Press, vol. 56(2), pages 141-149, May.
    4. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1.
    5. Dale M. Heien & Cathy Roheim Wessells, 1988. "The Demand for Dairy Products: Structure, Prediction, and Decomposition," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(2), pages 219-228.
    6. Richard A. King, 1981. "Choices and Consequences: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 176-177.
    7. Richard A. King, 1979. "Choices and Consequences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 839-848.
    8. Richard Green & Zuhair A. Hassan & S. R. Johnson, 1978. "Alternative Estimates of Static and Dynamic Demand Systems for Canada," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 93-107.
    9. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aaberge, Rolf & Mogstad, Magne & Peragine, Vito, 2011. "Measuring long-term inequality of opportunity," Journal of Public Economics, Elsevier, vol. 95(3-4), pages 193-204, April.
    2. Chen, Kevin Z. & D. Meilke, Karl & Turvey, Calum, 1999. "Income risk and farm consumption behavior," Agricultural Economics, Blackwell, vol. 20(2), pages 173-183, March.
    3. Jean-Marc Robin & Louis Lévy-Garboua, 1988. "Les représentations implicites des goûts dans les modèles dynamiques de demande," Revue Économique, Programme National Persée, vol. 39(1), pages 33-55.
    4. Alessie, R.J.M. & Kapteyn, A.J., 1986. "Consumption, savings and demography," Research Memorandum FEW 238, Tilburg University, School of Economics and Management.
    5. Edmund Chattoe & Nigel Gilbert, 2001. "Understanding Consumption: What Interviews with Retired Households Can Reveal about Budgetary Decisions," Sociological Research Online, , vol. 6(3), pages 1-12, November.
    6. Cockx, Bart & Brasseur, Carine, 2003. "The demand for physician services: Evidence from a natural experiment," Journal of Health Economics, Elsevier, vol. 22(6), pages 881-913, November.
    7. repec:eee:labchp:v:1:y:1986:i:c:p:103-204 is not listed on IDEAS
    8. Smallwood, David M. & Blaylock, James R., 1984. "Household Expenditures for Fruits, Vegetables, and Potatoes," Technical Bulletins 157660, United States Department of Agriculture, Economic Research Service.
    9. Neri, Marcelo Côrtes, 2015. "Microinsurance: income risk, social security and the demand for private onsurance by low-income families," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 771, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    10. van de Ven, Justin, 2011. "A structural dynamic microsimulation model of household savings and labour supply," Economic Modelling, Elsevier, vol. 28(4), pages 2054-2070, July.
    11. Luc Arrondel & André Masson & Daniel Verger, 2004. "De la théorie à une enquête méthodologique originale," Économie et Statistique, Programme National Persée, vol. 374(1), pages 21-51.
    12. Esa Karonen & Mikko Niemelä, 2022. "Necessity-Rich, Leisure-Poor: The Long-Term Relationship Between Income Cohorts and Consumption Through Age-Period-Cohort Analysis," Journal of Family and Economic Issues, Springer, vol. 43(3), pages 599-620, September.
    13. Bram De Rock & Bart Capéau, 2015. "The implications of household size and children for life-cycle saving," Working Paper Research 286, National Bank of Belgium.
    14. Kazi Abdul, Mannan & A.O, Krueger, 2004. "The Impact of Remittances on Household: An Empirical Study on the Bangladeshi Diaspora in United Kingdom," MPRA Paper 103741, University Library of Munich, Germany, revised 2004.
    15. Jean-Marc Robin & Louis Lévy-Garboua, 1988. "Les représentations implicites des goûts dans les modèles dynamiques de demande," Revue Économique, Programme National Persée, vol. 39(1), pages 33-55.
    16. Chul‐Woo Kwon & Peter F. Orazem & Daniel M. Otto, 2006. "Off‐farm labor supply responses to permanent and transitory farm income," Agricultural Economics, International Association of Agricultural Economists, vol. 34(1), pages 59-67, January.
    17. Bunting, David, 2009. "The saving decline: Macro-facts, micro-behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 282-295, May.
    18. Jonathan Gruber & Aaron Yelowitz, 1999. "Public Health Insurance and Private Savings," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1249-1274, December.
    19. Lang, Harald, 1987. "Herman Wold on Optimal Properties of Exponentially Weighted Forecasts," Working Paper Series 179, Research Institute of Industrial Economics.
    20. Brautzsch, Hans-Ulrich & Günther, Jutta & Loose, Brigitte & Ludwig, Udo & Nulsch, Nicole, 2015. "Can R&D subsidies counteract the economic crisis? – Macroeconomic effects in Germany," Research Policy, Elsevier, vol. 44(3), pages 623-633.
    21. Sadullah Çelik & Yasemin Özerkek, 2008. "Panel cointegration analysis of consumer confidence and personal consumption in the European Union," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 10(2), pages 161-168, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ksaesp:133752. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/daksuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.