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.

The purpose of this research is to determine how technically efficient small-scale producers are in two provinces (North and South Kivu) in the Democratic of Republic (DR) of Congo at producing two different varieties of beans: bush and climbing beans. In addition to calculating the efficiency...

This paper tests the farm level profit maximization hypothesis using a nonparametric production analysis approach allowing for measurement error in the input and output variables. All farms violated Varian’s deterministic Weak Axiom of Profit Maximization (WAPM). The magnitude of minimum...