Abstract
AbstractThe potential effects of agricultural policy on the financial structure of farms is often not fully considered. Although it has been recognized that policies that reduce business risk may induce farmers to increase financial risk, the effects of income policies on farm leverage have not been investigated. This paper explores the relationship between farm policy and debt‐equity structure for a risk‐averse expected utility maximizer.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
