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This article examines what differentiates "socially responsible" farmers (i.e., those who rank environmental benefits higher than profit, based on a Likert style ranking) from farmers who make decisions based solely on financial criteria. A proportional odds model (POM) is proposed to estimate...
Persistent link: https://www.econbiz.de/10010880660
With increased focus on survival strategies for small farm businesses, we investigate the impact of Internet access on income and farm expenses of small farm business and households. Using a nation-wide farm-level data in the U.S. and non-parametric matching estimators, the study finds a...
Persistent link: https://www.econbiz.de/10010880663
Seafood processor preferences for hiring employees are explored in light of references, wages, and immigrant situations. The objectives of this study are to determine the relative importance of labor attributes, and to identify distinct clusters of processors in terms of preference for immigrant...
Persistent link: https://www.econbiz.de/10010914974
Persistent link: https://www.econbiz.de/10005220271
This paper analyzes historical movements in the commodity futures market and the relationship to inflation. Specifically, the relationship between the Commodity Research Bureau (CRB) Index and United States inflation is investigated. It is said that the relationship between the CRB index and the...
Persistent link: https://www.econbiz.de/10005338909
The objective of this study is to estimate the impact of natural amenity on farmland values in the contiguous United States using a quantile regression approach and data from the 2006, 2007, and 2008 Agricultural Resource Management Surveys. The contribution of this study is three-fold. First,...
Persistent link: https://www.econbiz.de/10009421035
Precision agriculture and autosteer technology are, overall, profitable investments for farmers, as previous literature has established. However, what has not been investigated is whether or not farmers perceive these technologies as such. This research postulates that cotton farmers must see...
Persistent link: https://www.econbiz.de/10009421042
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Persistent link: https://www.econbiz.de/10009421056
Using a cross sectional farm-level data we find that farm households who face higher income uncertainty save more and accumulate more wealth. Precautionary savings is about 6 percent of the total farm household wealth. In addition to precautionary saving, and consistent with theory we found that...
Persistent link: https://www.econbiz.de/10005798603
Farmers are likely to be motivated by alternative goals besides profit maximization. Goal structure is highly influential in farmer enterprise selection decisions. This paper addresses the roles of goal structure, location, financial situation, and socio-demographic variables and their influence...
Persistent link: https://www.econbiz.de/10005806010