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Given recent concerns expressed about the structural transformation of agriculture and the health of the family farm this study provides a measure of the economic health of small and large farms at the state level. We use nonparametric frontier methods to measure and explain changes in the...
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The comparative financial performance of Southern Plains and US farm businesses was analyzed for the 1987-1989 period. The results showed no significant differences between the profitability ratios of the two groups of farms, except in the $40,000 to $249,999 sales class, where US farms...
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While the growing importance of off-farm earnings suggests large benefits accrue to farmers from efforts to expand off-farm income opportunities, survival still depends on greater efficiency. To comprehensively gauge the economic health of farm operator households we interpret off-farm income as...
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