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The risk attitudes of dryland wheat and irrigated corn enterprises in Kansas have been examined in this paper using the nonlinear mean-standard deviation approach. Our results showed that dryland wheat enterprises are characterized by increasing absolute and increasing relative risk aversion....
Persistent link: https://www.econbiz.de/10005338125
The objective of this paper is to analyze sources of labor productivity growth in the Kansas farm sector over the period 1993-2006 for a sample of 668 farms. The nonparametric production frontier method is used to decompose labor productivity growth into three components: (1) technological...
Persistent link: https://www.econbiz.de/10005804653
Yield variability can be significantly higher at the farm level than at more aggregated levels, including the county. However, due to a dearth of available farm level data, much stochastic analysis involving farm yields utilizes more aggregated yield data as a proxy for the farm level. We...
Persistent link: https://www.econbiz.de/10005000497
This article establishes the cost-efficiency frontier and its variation over time for a sample of 610 farms in Kansas for ten consecutive years, from 1995 to 2004. The primary objective consists of examining how financially constrained firms affect cost efficiency and its components, allocative,...
Persistent link: https://www.econbiz.de/10005060322
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This study used 30 years of continuous data for 135 farms in Kansas to explore changes in productivity using Malmquist productivity indices. The indices were used to determine whether there was productivity convergence or divergence in Kansas farms. The results showed that there was significant...
Persistent link: https://www.econbiz.de/10009020678
Replaced with revised version of paper 07/16/05.
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