This study formulates an information measure for changes in asset values and applies the formulation to farmland values in the United States for 1960 to 1999. The results indicate that changes in asset values contained significant information following the Russian wheat sale in the early 1970s...

This study examines the impact of multiple quasi-fixed assets on the imputed returns to farmland. The results indicate that the presence of additional quasi-fixed assets causes the true shadow value of farmland to deviate from its imputed value. The results also indicate that when the potential...

Baltagi and Kao (2000) chronicle the emergence of panel applications of the cointegration approach. This study builds on this literature by proposing a reformulation of the pooling statistic proposed by Baltagi et al. (1996) that can be used to test for the appropriateness of this panel...

Climate variability poses a severe threat to subsistence farmers in southern Africa. Two different approaches have emerged in recent years to address these threats: the use of seasonal precipitation forecasts for risk reduction (for example, choosing seed varieties that can perform well for...

<Para ID="Par1">Soil erosion is the worldwide most significant threat leading to land degradation and water resources deterioration. Identification and prioritization of critical erosion prone areas is an important consideration for policy makers to implement best management strategies that are more sustainable...</para>

Purpose – The purpose of this paper is to investigate the factors (farm, operator and household characteristics, along with farm type and regional location of the farm) affecting financial performance of new and beginning farmers and ranchers. Design/methodology/approach – Returns on assets...

Purpose – The purpose of this paper is to examine the factors that are likely to influence their wealth accumulation. Characteristics of the farm, operator, family and potential successors that contribute to wealth accumulation will be identified. An additional objective of the paper is to...