The Structure Model Based Determinants of Capital Structure: A Seemingly Unrelated Regression Model

Yan, Yan; Shi, Xiangdong; Barry, Peter J.; Paulson, Nicholas D.; Sherrick, Bruce J.

doi:10.22004/ag.econ.6171

The Structure Model Based Determinants of Capital Structure: A Seemingly Unrelated Regression Model

Yan, Yan ; Shi, Xiangdong ; Barry, Peter J. ; Paulson, Nicholas D. ; Sherrick, Bruce J.

This study proposed a seemingly unrelated regression model to investigate the predicting capability of the structure model and test the capital structure theories. The model considered dynamic property of the structure model and characteristics of farm records. FBFM data are used in empirical analysis. The regression results provide new supportive evidence on capital theories.

Keywords:

Structure Model ; Capital Structure ; Seemingly Unrelated Regression

Subject(s):

Research Methods/ Statistical Methods

Issue Date:

2008

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.6171

Record Identifier:

https://ageconsearch.umn.edu/record/6171