Restrictions on the hyperbolic trigonometric (HT) transformation are imposed to guarantee that a probability density function is obtained from the maximum likelihood estimation. Performance of the restricted HT transformation using data generated from normal, beta, gamma, logistic, log-normal,...

In production agriculture, good management is demonstrated by profits that are persistenly greater than those of similar neighboring farms. This research examined the effects of management practices on risk-adjusted profit per acre for Kansas farms over 1990-1999. The management practices were...

Exploratory factor analysis was used to identify approaches to farm management based on a list of management questions posed to a sample of U.S. cash-grain farmers. Three approaches were identified by the factor analysis: price negotiation, long-term cost control, and input adjustment. Estimated...

A whole farm economic analysis was conducted to provide a detailed assessment into the economic, risk, and production implications due to the adoption of auto-steer navigation. It was determined that auto-steer navigation was profitable for a grain farmer in Kentucky with net returns increasing...

Computers change rapidly, yet the last survey on computer use in agriculture was in 1991. We surveyed Great Plains producers in 1995 and used logit analysis to characterize adopters and non-adopters. About 37% of these producers use computers which is consistent with the general population. We...

Farmers are interested in knowing whether applying inputs at variable rates across a field is economically viable. The answer depends on the crop, the input, their prices, the cost of variable rate technology (VRT) versus uninform rate technology (URT), and the spatial and yield response...

The extent of information use by farmers for farm management is tracked in terms of computer adoption and usefulness, and the use of professional providers of information services. The study is based on a survey conducted in 1991, on North Carolina, as part of a regional project involving about...

Optimal crop and livestock mix was determined for a representative Alabama farm using a dynamic programming model. Results indicate that decisions concerning livestock production are highly influenced by the amount of cotton base available on the farm. In most cases, increasing cotton base...

This paper uses microlevel data from the Agricultural Resource Management Survey to examine the changes in the distributions of household wealth and to assess the role farm subsidies play, among other factors, in affecting these distributions. The empirical analysis relies on the concept of the...