文章基本信息

标题：A TEST OF ASSET FIXITY IN SOUTHEASTERN U.S. AGRICULTURE
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作者：Taylor, Timothy G. ; Kalaitzandonakes, Nicholas G.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1990
出版社：Food Distribution Research Society
摘要：A test for static equilibrium developed by Schankerman and Nadiri is used to evaluate the hypothesis that land and capital in aggregate southeastern U.S. agriculture behave as fixed inputs. Empirical results reject the hypothesis that these two inputs are at their long-run equilibrium levels implied by observed prices. Thus, some degree of asset fixity may be concluded.