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A simultaneously determined model for farm size and government payments along with the incorporation of a recursive impact of government payments and agricultural returns was used to examine farm size changes nationally and regionally. The results clearly demonstrated resource substitution...
Persistent link: https://www.econbiz.de/10005522339
The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor...
Persistent link: https://www.econbiz.de/10005801096
Using the non-parametric linear programming approach, this study examines overall efficiency gains due to diversification between crop and livestock enterprises for a sample of Kansas farms. Overall efficiency gains were decomposed into scope efficiency gains and scale efficiency gains. Farms...
Persistent link: https://www.econbiz.de/10005476975
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GSD is used to determine the risk efficiency of nine different technologies of land application. The analysis shows that organic applications for crop phosphorus needs are the most environmentally efficient. Under producer risk aversion, inorganic fertilizer application is the most economically...
Persistent link: https://www.econbiz.de/10005525117
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Restricting the timing and level of nitrogen applications has been proposed as a response to nitrate contamination in Nebraska. Agronomic research indicates that reducing available nitrogen reduces both the yield (quantity) and protein content (quality) of feedgrains. A differential system is...
Persistent link: https://www.econbiz.de/10009392822
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The proportions of land values generated by farm program payments and farm returns are examined using an extended income capitalization model. The extended income capitalization model addresses the identification issue introduced by the counter-cyclical nature of farm program payments and farm...
Persistent link: https://www.econbiz.de/10008777114