United States agriculture and the general economy: Modeling their interface
Publication
, Journal Article
Penson, JB; Taylor, CR
Published in: Agricultural Systems
January 1, 1992
Models of the US farm business sector typically assume specific trends in the macroeconomy when projecting economic impacts. Implicit in the use of exogenized macroeconomic variables is the assumption that events taking place in agriculture do not affect the macroeconomy. This assumption may not be valid for major shocks to the farm business sector or to the general economy. This article presents an overview of the linkages between the US farm sector and the general economy that underlie AG + GEM, which is a large-scale econometric-simulation model. Estimates of the aggregate economic impacts of banning most agricultural pesticides are presented to illustrate macroeconomic linkages. © 1992.
Duke Scholars
Published In
Agricultural Systems
DOI
ISSN
0308-521X
Publication Date
January 1, 1992
Volume
39
Issue
1
Start / End Page
33 / 66
Related Subject Headings
- Agronomy & Agriculture
- 07 Agricultural and Veterinary Sciences
- 05 Environmental Sciences
Citation
APA
Chicago
ICMJE
MLA
NLM
Penson, J. B., & Taylor, C. R. (1992). United States agriculture and the general economy: Modeling their interface. Agricultural Systems, 39(1), 33–66. https://doi.org/10.1016/0308-521X(92)90004-8
Penson, J. B., and C. R. Taylor. “United States agriculture and the general economy: Modeling their interface.” Agricultural Systems 39, no. 1 (January 1, 1992): 33–66. https://doi.org/10.1016/0308-521X(92)90004-8.
Penson JB, Taylor CR. United States agriculture and the general economy: Modeling their interface. Agricultural Systems. 1992 Jan 1;39(1):33–66.
Penson, J. B., and C. R. Taylor. “United States agriculture and the general economy: Modeling their interface.” Agricultural Systems, vol. 39, no. 1, Jan. 1992, pp. 33–66. Scopus, doi:10.1016/0308-521X(92)90004-8.
Penson JB, Taylor CR. United States agriculture and the general economy: Modeling their interface. Agricultural Systems. 1992 Jan 1;39(1):33–66.
Published In
Agricultural Systems
DOI
ISSN
0308-521X
Publication Date
January 1, 1992
Volume
39
Issue
1
Start / End Page
33 / 66
Related Subject Headings
- Agronomy & Agriculture
- 07 Agricultural and Veterinary Sciences
- 05 Environmental Sciences