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The objective of this study is to determine the effect of credit constraints on production for farm and nonfarm sole proprietorships. A propensity score-matching estimator is employed to provide unbiased estimates of the production impacts of being denied credit. The empirical results...
Persistent link: https://www.econbiz.de/10005202267
The objective of this study is to determine the effect of credit constraints on production for farm and nonfarm sole proprietorships. A propensity score-matching estimator is employed to provide unbiased estimates of the production impacts of being denied credit. The empirical results...
Persistent link: https://www.econbiz.de/10009394134
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With recent crop insurance reform, disaster aid to producers of crops for which federal crop insurance was not available has changed significantly. A newly created Non-insured Assistance Program (NAP) is a standing disaster aid program for non-insured crops including most vegetables and some...
Persistent link: https://www.econbiz.de/10009397849
This paper describes production accounts for agriculture. Output is defined as gross production leaving the farm as opposed to real value added. Inputs are not limited to capital and labor but include intermediate inputs as well. We derive index numbers of gross output, capital, labor, and...
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