This paper examines the effect of off-farm work on the economic performance of corn farms. It estimates returns to scale and technical efficiency following an input distance function approach and compares the relative performance of corn farm operator households with and without off-farm work....

This paper investigates the factors that lead a family business to name a successor for the business, as the succession process often begins with naming a successor. We further separate family businesses into farm and non-farm businesses to compare and contrast the results. The factors used in...

Farmers markets can play an important role in enhancing farm profitability, particularly those farms choosing to differentiate their products by appealing to consumer preferences for “locally grown†food or gain a larger share of the food dollar by marketing directly to consumers...

This paper conducts several analyses to discuss about consumers' preference of rice brands and suggest a way to reduce the number that currently stands at about 1,700 in the Korean market. With data collected from 358 survey respondents, a conjoint analysis was conducted to identify consumers'...

Traditionally the definition and analysis of household well-being has focused on the main economic measures of income and wealth. However, there is now an increased interest within the wider economic literature in exploring those measures which contribute to household well-being which can extend...

Direct Government payments increase income in the farm sector by redistributing income from nonfarm to farm people. Direet payments arc largest at high income levels. Thus, low-income farm famifies may not benefit greatly from these payments. However, data compiled by the Internal Revenue...