The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor...

A simultaneously determined model for farm size and government payments along with the incorporation of a recursive impact of government payments and agricultural returns was used to examine farm size changes nationally and regionally. The results clearly demonstrated resource substitution...

Using the non-parametric linear programming approach, this study examines overall efficiency gains due to diversification between crop and livestock enterprises for a sample of Kansas farms. Overall efficiency gains were decomposed into scope efficiency gains and scale efficiency gains. Farms...

GSD is used to determine the risk efficiency of nine different technologies of land application. The analysis shows that organic applications for crop phosphorus needs are the most environmentally efficient. Under producer risk aversion, inorganic fertilizer application is the most economically...

Efficient operation of agricultural credit markets is very important both for the producer as well as for the policy makers. DEA approach is used to calculate productivity analysis which allows decomposition of sources of productivity changes into efficiency and technical change. Measured...

A recent survey indicated that many procedures view risk in a safety-first context. Traditional methods used to impose safety-first constraints in optimization models have often been difficult to implement. This is particularly true when endogenous decisions affect the distribution of the...

Relative estimates of the proportion of agricultural land values generated by farm program payments and farm returns in the southern region are examined, using state-level data for the period 1940 to 2004. Results indicate the contribution of farm program payments to agricultural land values in...

Selected risk programming solutions (i.e., profit maximization, Target-MOTAD, and MOTAD) are tested in an economic environment outside the data set from which they were developed. Specifically, solutions are derived from either a longer 10-year (1965-74) or shorter 6-year estimation period...

Using a non-parametric linear programming approach, our contribution is (1) to examine if efficiency gains in hog production are realized due to vertical integration and (2) to demonstrate the efficiency gains that are realized are a product of economies of scope and scale. The model uses U.S....