Based on 20 years of yields and prices, expected annual net returns and variability of returns are measured for landlords and tenants under provisions of the 2002 Farm Bill for a representative crop rotation in North Central Kansas under alternative leasing arrangements and with conventional and...

Entropy and jackknife estimation procedures were used to find that custom rates are 20.3% lower than the true cost to own and operate machinery for an average size Kansas farm. A method was then developed to estimate a farms total machinery costs with which to benchmark machinery costs.

Numerous studies have utilized nonparametric estimation of production efficiency but no such study focuses on multiproduct or product-specific economies of scale. A mathematical program is specified to nonparametrically estimate these measures for crops and livestock for Kansas farms. Results...

This research evaluates the efficiency of swine firms differing by specialization type and employed technologies. Measures of technical, allocative, scale, economic, and overall efficiency are separately and jointly estimated for farrow-to-finish, farrow-to-feeder, feeder-to-finish,...

The objective of this analysis is to examine the role of factors in determining the sale price of agricultural land in Kansas using hedonic modeling. This study uses multiple estimates to test the robustness of larger regional models. Results indicate that regional models vary significantly from...

Productivity and characteristics of southern agricultural economics faculty was compared to other regional faculty. With few exceptions, faculty members in the Southern region are as productive as their counterparts. We also found that the majority of respondents in all regions considered...

Cross sectional time series data in a partial adjustment model examine local government behavior under an aggregate property tax levy limit and under Truth in Taxation in Kansas. Results indicate that the aggregate levy limit would have continued to restrict property tax revenue and spending had...

Replaced with revised version of paper 01/26/06.

This study examines the performance of logistic regression, artificial neural networks and adaptive neuro-fuzzy inference system in predicting credit default using data from Farm Credit System. Empirical findings show that credit default predictions vary with empirical model used.

Firms producing ethanol may find management of the price risk associated with production of this leading alternative fuel a key factor to continued success. As with other agricultural commodities, the influence and ability of futures contracts to serve as a risk management tool deserves attention.