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In the past few decades, U.S. agriculture has become increasingly dependent upon purchased inputs as farmers increased the use of chemicals and machinery while reducing labor. Dependence on various energy intensive inputs is currently so great that if supply channels are disrupted, production...
Persistent link: https://www.econbiz.de/10010920304
Producers who manipulate and switch their reported crop-yields between separately insured units can increase their insurance indemnities substantially. A statistical model that identifies potential yield switching is developed. The unrestricted statistical model is singular and is identified by...
Persistent link: https://www.econbiz.de/10005291149
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A sequential decision-making model was developed, and data from farm-raised catfish production were used to demonstrate its use. Outcomes of sequences of decisions which satisfied chance constraints on ending cash balances were traced through a specified time period. Discrete choice variables...
Persistent link: https://www.econbiz.de/10005320186
This study examines the effects of both farm price support programs and federally subsidized crop insurance programs upon the profitability, capital structure, and financial survival rates of High Plains wheat producers. The alternative farm programs are analyzed in an intertemporal dynamic...
Persistent link: https://www.econbiz.de/10009392473
Producers who manipulate and switch their reported crop-yields between separately insured units can increase their insurance indemnities substantially. A statistical model that identifies potential yield switching is developed. The unrestricted statistical model is singular and is identified by...
Persistent link: https://www.econbiz.de/10009397704
Persistent link: https://www.econbiz.de/10008889247
This article demonstrates that normality test procedures that include individual detrending of short-term panel data can severely reduce the power of normality tests and strongly bias normality tests in a Type II direction. An alternative error component implicit detrending procedure is...
Persistent link: https://www.econbiz.de/10014074981
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