TY - GEN
T1 - MONETARY POLICIES, INTEREST RATES, AND U. S. AGRICULTURE
T2 - AN ECONOMETRIC SIMULATION ANALYSIS.
AU - Devadoss, S.
AU - Meyers, William H.
PY - 1986
Y1 - 1986
N2 - A large econometric model is developed to capture the economic relationship among the crop, livestock, and macro sectors through the interest rate linkage. The interest rate is endogenized with the money supply as an important explanatory variable. A nonlinear, three-stage least square technique is used to estimate the parameters, and the Gauss-Seidel solution method is used for the dynamic simulation analysis. Results indicate that a three percent decrease in the money supply growth has a significant impact on the farm sector through the interest rate.
AB - A large econometric model is developed to capture the economic relationship among the crop, livestock, and macro sectors through the interest rate linkage. The interest rate is endogenized with the money supply as an important explanatory variable. A nonlinear, three-stage least square technique is used to estimate the parameters, and the Gauss-Seidel solution method is used for the dynamic simulation analysis. Results indicate that a three percent decrease in the money supply growth has a significant impact on the farm sector through the interest rate.
UR - http://www.scopus.com/inward/record.url?scp=0022940583&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:0022940583
SN - 0876649681
T3 - Modeling and Simulation, Proceedings of the Annual Pittsburgh Conference
SP - 383
EP - 387
BT - Modeling and Simulation, Proceedings of the Annual Pittsburgh Conference
A2 - Hanham, Robert
A2 - Vogt, William G.
A2 - Mickle, Marlin H.
A2 - Aburdene, M.A.
A2 - Green, R.D.
A2 - Lu, H.Q.
A2 - Rose, A.
A2 - Ak, S.
A2 - Gubala, C.
A2 - Lukic, V.P.
A2 - Ryaciotaki-Boussalis, H.A.
PB - ISA
ER -