IDEAS home Printed from https://ideas.repec.org/p/ags/uerstb/158607.html
   My bibliography  Save this paper

A Simulation Model of Farm Sector Social Accounts: With Projections to 1980

Author

Listed:
  • Lins, David A.

Abstract

A simulation ir!octel developed from regression estimates of fa-.rm ~ector sources and uses of. funds is llsed to project a farm income statement, balance sheet, and sources-and-uscs-of-funds statement to 1980. Projection results suggest that (a) total assets in the farm sector may total morc than $450 billion by 1980, (b) real estate debt may grow much more slowly than nonreal estate debt, (c) proprietors' equities as a percentage of total assets may decline from 81.2 percent in 1970 to 73.5 percent in 1980, and (d) total funds from all sources br the farm sector in 1980 may he 58 percent greater than in 1970. The simulation modei is also used to appraise the impact on finaHcial structure ofselected public policies. Results suggest that (a) lowering reserve requirements on deposits as suggested by the President's Commission on Financial Structure and Regulation would have little impact on lending in the farm scctOl, .. mi (h) the imposition of minimum wage rates for all hired farnlworkers would reduce net income of farm operators, decrease consumption It!vcls of farm operators, and suhstantially increase the demand for farm machinery and nonreal estate deht, but result in only a slight decline in proprietors' equities.

Suggested Citation

  • Lins, David A., 1973. "A Simulation Model of Farm Sector Social Accounts: With Projections to 1980," Technical Bulletins 158607, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:158607
    DOI: 10.22004/ag.econ.158607
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/158607/files/tb1486.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.158607?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
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gessaman, Paul H. & Morris, Gayle A., 1983. "Recent And Projected Financial Conditions In Nebraska'S Farming Sector," Reports 140460, University of Nebraska-Lincoln, Department of Agricultural Economics.
    2. repec:ags:nbaesp:140460 is not listed on IDEAS

    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:uerstb:158607. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/ersgvus.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.