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The proportion 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...
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The inadequacies of assessing business performance and credit worthiness by short run cash flow under conditions of inflation are stressed in this article. Because of the economic nature of traditional loan amortization, short-run cash flow cannot be relied on in gauging: (1) true business...
Persistent link: https://www.econbiz.de/10008569741
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
The importance of climate (temperature and precipitation) variability on Nebraska dryland winter wheat yield trend is examined. The use of short term (1956-1999) climatic divisional panel data (interspatial) and long term (1909-1999) state time series data (intertemporal) is to address the...
Persistent link: https://www.econbiz.de/10005513577
Using a non-parametric linear programming approach, our contribution is (1) to examine the impact of incorporating risk in efficiency analysis and (2) to compare the efficiency measures with and without risk for continuous and rotation cropping systems. The model uses Nebraska cropping system...
Persistent link: https://www.econbiz.de/10005522198
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
Integer Programming determined an optimum windbreak pattern for corn and soybean production. Direct costs included windbreak establishment, annual maintenance, and removal. Crop yields were included as a linearized function. The net return results for the optimum pattern were 12 and 16 percent...
Persistent link: https://www.econbiz.de/10005522526