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Increasing worldwide energy demand and diminishing supplies of fossil fuels have necessitated the development and increasing use of new sustainable energy sources, as well as more parsimonious energy use. In the context of agriculture, research has focused predominantly on the production of...
Persistent link: https://www.econbiz.de/10009021519
Farm management skills can affect farm managers' performance. In this article, farm management performance is analyzed based on yearly Illinois Farm Business Farm Management (FBFM) panel data across 6,760 farms from 1996 through 2011. Two out-of-sample measures of skill are used to analyze the...
Persistent link: https://www.econbiz.de/10011068909
A farm’s physical investment is affected by its fundamental q and by its financial situation, with the later comprising both the firm’s liquidity and its possibility of facing capital market imperfections. This study determines the effects of government payments, depreciation, and inflation...
Persistent link: https://www.econbiz.de/10005012677
Persistent link: https://www.econbiz.de/10010916125
This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods have effectively analyzed the response of crop...
Persistent link: https://www.econbiz.de/10010916667
Since 1990, the farmer cooperative landscape has experienced a significant structural shift. Steep consolidation, elevated competition, and surging commodity prices have elevated the need for co-ops to be mindful of their cost structure and efficiencies. To test for this structural shift, this...
Persistent link: https://www.econbiz.de/10011068880
This study analyzes the determinants of TE among traditional dairy farms in the State of Wisconsin taking into account dairy farms’ heterogeneity. To do so, we first estimate a production frontier and the level of TE using the SPF framework. Then we analyze the determinants of TI using a...
Persistent link: https://www.econbiz.de/10009020501
Supermarkets are currently gaining ground in the agri-food systems of many developing countries. While recent research has analyzed income effects in the small farm sector, impacts on farming efficiency have hardly been studied. Productivity effects in previous studies are also estimated with...
Persistent link: https://www.econbiz.de/10009020673
The measurement of productivity fluctuations has been the focus of decades-long interest. In addition to broad structural forces driving productivity changes, there is more recent interest in measuring and identifying the heterogeneous forces driving these changes. A major force is...
Persistent link: https://www.econbiz.de/10009021435
This research examines the robustness of four different estimation approaches to evaluate their ability to estimate a “true” cost frontier and associated economic measures. The manuscript evaluates three parametric methods including a two-sided error system, OLS with only positive errors,...
Persistent link: https://www.econbiz.de/10011068633