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000009665 037__ $$a430-2016-31160
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000009665 041__ $$aen
000009665 245__ $$aThe Share Market Crash and Australian Agriculture
000009665 260__ $$c1988-04
000009665 269__ $$a1988-04
000009665 300__ $$a3
000009665 336__ $$aJournal Article
000009665 446__ $$aEnglish
000009665 520__ $$aThe 20 to 45 per cent fall in indexes of share market prices in mid-October 1987 was a worldwide phenomenon. It represented a sharp reversal to a five-year period of sustained increases in stock prices. It is important to assess the implications of the crash for Australian agriculture in the context of the world scene, because of the worldwide stock market crash, because of the interdependence of world financial markets and because of Australian agriculture's dependence on world markets for 60 per cent of its sales. This note looks at the likely implications of the stock market crash on Australian agriculture in terms of direct effects on land prices; direct effects on world economic activity; effects of lower economic activity on commodity markets; and some associated implications for the stance of government policies.
000009665 650__ $$aAgricultural Finance
000009665 700__ $$aFreebairn, John W.
000009665 773__ $$dApril 1988$$jVolume 56$$kNumber 01$$o142$$q140$$tReview of Marketing and Agricultural Economics
000009665 8564_ $$s214939$$uhttp://ageconsearch.umn.edu/record/9665/files/56010140.pdf
000009665 887__ $$ahttp://purl.umn.edu/9665
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  Previous issue date: 1988-04
000009665 982__ $$gReview of Marketing and Agricultural Economics>Volume 56, Number 01, April 1988
000009665 980__ $$a430