Determinants of the Strength of Strategic Adjustments in Farm Capital Structure
| dc.creator | Escalante, Cesar L. | |
| dc.creator | Barry, Peter J. | |
| dc.date | 2017-04-01T14:11:11Z | |
| dc.date.accessioned | 2026-07-09T04:29:26Z | |
| dc.description | This study employs correlation relationships to measure the strength of trade-offs between business and financial risks as a representative of the strategic capital adjustment process. Under different business risk measures based on varying lengths of historical farm income data, results suggest that farmers tend to adopt a myopic perspective when contemplating risk-balancing plans. Cross-sectional regression results for two-time period models covering the decade of the 1980s and 1990s yielded important implications. The liquidity-constrained environment of the 1980s emphasizes the combination of risk-balancing plans, specialization, and market revenue-enhancing strategies. In the 1990s, risk balancing becomes compatible with risk-reducing crop diversification and insurance protection plans. | |
| dc.identifier | doi:10.22004/ag.econ.37834 | |
| dc.identifier | https://ageconsearch.umn.edu/record/37834/files/Escalante%20JAAE%20April%202003.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/37834 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/550705 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/37834 | |
| dc.title | Determinants of the Strength of Strategic Adjustments in Farm Capital Structure | |
| dc.type | Text |