{"id":"https://openalex.org/W51846321","doi":null,"title":"Agriculture's Boom-Bust Cycles: Is This Time Different?","display_name":"Agriculture's Boom-Bust Cycles: Is This Time Different?","publication_year":2011,"publication_date":"2011-09-22","ids":{"openalex":"https://openalex.org/W51846321","mag":"51846321"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:fip:fedker:y:2011:i:qiv:p:81-103:n:v.96no.4","doi":null,"is_oa":false,"landing_page_url":"http://www.kansascityfed.org/publicat/econrev/pdf/11q4HendersonGloyBoehlje.pdf","pdf_url":"http://www.kansascityfed.org/publicat/econrev/pdf/11q4HendersonGloyBoehlje.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5044429457","display_name":"Jason Henderson","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jason Henderson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072289771","display_name":"Brent A. Gloy","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Brent A. Gloy","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5024221738","display_name":"Michael Boehlje","orcid":"https://orcid.org/0000-0001-5094-2694","observed_orcids":["https://orcid.org/0000-0001-5094-2694"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Michael Boehlje","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.8327,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.91395904,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"96","issue":"4","first_page":"83","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11805","display_name":"Agricultural economics and policies","score":0.8184000253677368,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11805","display_name":"Agricultural economics and policies","score":0.8184000253677368,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.16429999470710754,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12033","display_name":"Agricultural Economics and Policy","score":0.010599999688565731,"subfield":{"id":"https://openalex.org/subfields/1100","display_name":"General Agricultural and Biological Sciences"},"field":{"id":"https://openalex.org/fields/11","display_name":"Agricultural and Biological Sciences"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/boom-bust-cycles","display_name":"boom-bust cycles","score":0.8539999723434448},{"id":"https://openalex.org/keywords/farm-economics","display_name":"farm economics","score":0.625},{"id":"https://openalex.org/keywords/agricultural-exports","display_name":"agricultural exports","score":0.8700000047683716},{"id":"https://openalex.org/keywords/biofuels","display_name":"biofuels","score":0.8870000243186951},{"id":"https://openalex.org/keywords/farmland-values","display_name":"agricultural land prices","score":0.8840000033378601},{"id":"https://openalex.org/keywords/low-interest-rates","display_name":"low interest rates","score":0.8119999766349792},{"id":"https://openalex.org/keywords/farm-debt","display_name":"farm debt","score":0.7950000166893005},{"id":"https://openalex.org/keywords/agricultural-investment","display_name":"agricultural investment","score":0.6769999861717224},{"id":"https://openalex.org/keywords/united-states-agriculture","display_name":"United States agriculture","score":0.7490000128746033}],"concepts":[{"id":"https://openalex.org/C2778929795","wikidata":"https://www.wikidata.org/wiki/Q17489160","display_name":"Bust","level":3,"score":0.7223822474479675},{"id":"https://openalex.org/C118518473","wikidata":"https://www.wikidata.org/wiki/Q11451","display_name":"Agriculture","level":2,"score":0.6737570762634277},{"id":"https://openalex.org/C141441539","wikidata":"https://www.wikidata.org/wiki/Q1970908","display_name":"Boom","level":2,"score":0.64436936378479},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.6021392345428467},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.547161877155304},{"id":"https://openalex.org/C2779439359","wikidata":"https://www.wikidata.org/wiki/Q317088","display_name":"Commodity","level":2,"score":0.5049400925636292},{"id":"https://openalex.org/C2776554220","wikidata":"https://www.wikidata.org/wiki/Q1760011","display_name":"Prosperity","level":2,"score":0.4996328353881836},{"id":"https://openalex.org/C48824518","wikidata":"https://www.wikidata.org/wiki/Q396340","display_name":"Agricultural economics","level":1,"score":0.490398645401001},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.4263073801994324},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.4203126132488251},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.33436527848243713},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.29428571462631226},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24318143725395203},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.12291479110717773},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.09072884917259216},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08909726142883301},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:fip:fedker:y:2011:i:qiv:p:81-103:n:v.96no.4","doi":null,"is_oa":false,"landing_page_url":"http://www.kansascityfed.org/publicat/econrev/pdf/11q4HendersonGloyBoehlje.pdf","pdf_url":"http://www.kansascityfed.org/publicat/econrev/pdf/11q4HendersonGloyBoehlje.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.364.7950","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.364.7950","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.kansascityfed.org/publicat/econrev/pdf/11q4HendersonGloyBoehlje.pdf","raw_type":"text"},{"id":"mag:51846321","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:fip:fedker:y:2011:i:qiv:p:81-103:n:v.96no.4","pdf_url":null,"source":{"id":"https://openalex.org/S134988049","display_name":"Econometric Reviews","issn_l":"0747-4938","issn":["0747-4938","1532-4168"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-c","erih-plus","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Econometric Reviews","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Zero hunger","id":"https://metadata.un.org/sdg/2","score":0.6875}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1483016911","https://openalex.org/W1511250760","https://openalex.org/W1511252569","https://openalex.org/W1549625653","https://openalex.org/W1550088228","https://openalex.org/W1568237493","https://openalex.org/W1584603546","https://openalex.org/W1594999675","https://openalex.org/W1599933119","https://openalex.org/W2160950173"],"related_works":["https://openalex.org/W7099308402","https://openalex.org/W7095129451","https://openalex.org/W7097115081","https://openalex.org/W1575161457","https://openalex.org/W580505477","https://openalex.org/W1861664735","https://openalex.org/W1548570772","https://openalex.org/W2781230072","https://openalex.org/W3123128599","https://openalex.org/W1483228166"],"abstract_inverted_index":{"Agriculture":[0],"in":[1,35,96],"the":[2,36,47,50,87,101],"United":[3],"States":[4],"is":[5,34],"notorious":[6],"for":[7,69],"its":[8],"cycles":[9],"of":[10,16,38,49,62],"boom":[11],"and":[12,26,44,53,66],"bust.":[13],"Golden":[14],"eras":[15],"a":[17],"booming":[18],"farm":[19,40,57],"economy":[20],"often":[21],"fade":[22],"quickly":[23],"as":[24],"economic":[25],"financial":[27],"market":[28],"conditions":[29,85],"change.":[30],"Today,":[31],"U.S.":[32,56],"agriculture":[33],"midst":[37],"another":[39],"boom.":[41],"Henderson,":[42],"Gloy":[43],"Boehlje":[45],"examine":[46],"foundation":[48],"boom-bust":[51],"cycle":[52],"find":[54],"that":[55,103],"incomes":[58],"are":[59],"swelling":[60],"because":[61],"record":[63,81],"high":[64],"exports":[65],"strong":[67],"demand":[68],"biofuels.":[70],"Simultaneously,":[71],"with":[72],"historically":[73],"low":[74],"interest":[75],"rates,":[76],"farmland":[77],"values":[78],"have":[79,90],"reached":[80],"highs.":[82],"Although":[83],"current":[84],"mirror":[86],"past,":[88],"farmers":[89],"hesitated":[91],"to":[92],"take":[93],"on":[94],"debt":[95],"financing":[97],"new":[98],"investments,":[99],"raising":[100],"possibility":[102],"this":[104],"time":[105],"could":[106],"be":[107],"different.":[108]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":3}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}