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Dairy farm numbers are declining in nearly every region and county of New York State but the rate of decline varies between years and counties. Converting inefficient or unprofitable farm resources to nonfarm use is part of the adjustment process. New York dairy counties are at different stages...
Persistent link: https://www.econbiz.de/10009653737
Farmer productivity by age was estimated, allowing for differences because of efficiency and returns to scale. Using Census of Agriculture data, estimates vary by state, but returns to scale average 1.07. Efficiency increases average 4.5 percent every ten years of age, to the age interval 35 to...
Persistent link: https://www.econbiz.de/10009653878
The emphasis of education as a driving force for the growth of agricultural productivity can be dated back to the early 1960s. However, most empirical work failed to take into account of the fact that production technology changes with time and consequently obscure the true contribution of...
Persistent link: https://www.econbiz.de/10010880158
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This paper deals with the estimation of a random coefficient model. The virtue of this approach is that it considers firm heterogeneity, which conventional SFA models do not. When the model is applied to Polish farms, the results indicate that the conventional random and fixed effect models...
Persistent link: https://www.econbiz.de/10010913466