Six depreciation methods were used to simulate the value of farm tractors with indexed and expected prices. Accuracy of simulated values was evaluated using paired t-tests of mean absolute percentage errors and forecast accuracy regression models. Results varied with age and use. Some...

Five years of continuous annual data are used to measure the marginal value product of cropland (return to land) on approximately 100 Kansas farms. Determinants of the marginal value product are investigated using regression.

This study compares a variety of farm tractor depreciation methods to determine which most accurately estimates farm tractor values. These alternative depreciation methods consider different factors for estimating remaining value and vary in difficulty of use. Pairwise comparisons of mean...

This study compares a variety of farm tractor depreciation methods to determine which most accurately estimates farm tractor values. These alternative depreciation methods consider different factors for estimating remaining value and vary in difficulty of use. Pairwise comparisons of mean...

Based on 20 years of yields and prices, expected annual net returns and variability of returns are measured for landlords and tenants under provisions of the 2002 Farm Bill for a representative crop rotation in North Central Kansas under alternative leasing arrangements and with conventional and...

A partial budget decision making framework has been developed to assist crop producers in analyzing the profitability of selling cellulosic biomass from their fields for ethanol production. A multidisciplinary approach is taken in assessing the agronomic and economic factors relevant to biomass...

This paper explores and analyzes supply and demand of university-level convenience learning courses. Procedures involve use of microeconomic theory to conceptually analyze supply, demand, benefits and costs and a case study comparison of a traditional course to a convenience learning course that...

This research evaluates the impact of using different starting conditions in estimating meat demand systems. Results suggest that as the econometric task becomes increasingly nonlinear, specification of starting conditions becomes increasingly important. This work demonstrates implications of...