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2005-09-07
英文文献:Asymmetric Information, Capital Structure And Agricultural Investment
英文文献作者:Lagerkvist, Carl Johan,Olson, Kent D.
英文文献摘要:
This paper explicitly models the interdependent finance and investment decision in order to increase the understanding on how fluctuations in agricultural investment are attributable to changes in financial decisions. Euler equations for investment and finance are estimated by the use of the GMM technique on an unbalanced panel data set for 342 farm operations in Southwestern Minnesota for the 1989-1998 period.
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