THE IMPACTS OF DIRECT GOVERNMENT PAYMENTS ON AGRICULTURAL INVESTMENT USING DYNAMIC MODELS

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CHABOKROW GH.; GRAY R.

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ISSN: 2588-4824

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Journal: Agricultural Sciences and Technology Year:2007 | Volume:21 | Issue:1 (SPECIAL ISSUE IN ECONOMIC & AGRICULTURAL DEVELOPMENT) Page(s): 35-43

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Title

THE IMPACTS OF DIRECT GOVERNMENT PAYMENTS ON AGRICULTURAL INVESTMENT USING DYNAMIC MODELS

Author(s)

CHABOKROW GH. | GRAY R. | | Issue Writer Certificate

Keywords

INVESTMENTQ3

DYNAMIC MODELSQ3

ADJUSTMENT RATEQ4

UNCERTAINTYQ4

DIRECT GOVERNMENT PAYMENTSQ4

Abstract

The general objective of this study is to develop an appropriate model for analyzing the effects of direct govermental payments, income and wealth on agricultural INVESTMENT. An improved dynamic model was built on the basis of the cost of adjustment theory to estimate the impacts of direct govermental payment on agricultural INVESTMENT for western Canada and northern tier U.S. The results indicate that direct govermental payments have positive and significant impacts on agricultural INVESTMENT in most regions.Furthermore, the results indicate that the impacts of direct govermental payment are much larger than the impacts of farmers' wealth and income. Based on the results, ADJUSTMENT RATE of capital for U.S. agriculture is much larger than Canada. The results from the estimated elasticities, indicate that there is a slight increase from short-run to long-run for the U.S.and Canadian agriculture.

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APA: Copy

CHABOKROW, GH., & GRAY, R.. (2007). THE IMPACTS OF DIRECT GOVERNMENT PAYMENTS ON AGRICULTURAL INVESTMENT USING DYNAMIC MODELS. AGRICULTURAL SCIENCES AND TECHNOLOGY, 21(1 (SPECIAL ISSUE IN ECONOMIC & AGRICULTURAL DEVELOPMENT)), 35-43. SID. https://sid.ir/paper/22447/en

Vancouver: Copy

CHABOKROW GH., GRAY R.. THE IMPACTS OF DIRECT GOVERNMENT PAYMENTS ON AGRICULTURAL INVESTMENT USING DYNAMIC MODELS. AGRICULTURAL SCIENCES AND TECHNOLOGY[Internet]. 2007;21(1 (SPECIAL ISSUE IN ECONOMIC & AGRICULTURAL DEVELOPMENT)):35-43. Available from: https://sid.ir/paper/22447/en

IEEE: Copy

GH. CHABOKROW, and R. GRAY, “THE IMPACTS OF DIRECT GOVERNMENT PAYMENTS ON AGRICULTURAL INVESTMENT USING DYNAMIC MODELS,” AGRICULTURAL SCIENCES AND TECHNOLOGY, vol. 21, no. 1 (SPECIAL ISSUE IN ECONOMIC & AGRICULTURAL DEVELOPMENT), pp. 35–43, 2007, [Online]. Available: https://sid.ir/paper/22447/en

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