A delayed response model was used to examine the optimal nitrogen application for irrigated corn in western Kansas. Results show that taking into account the effect of leached nitrate on groundwater pollution reduces the profit-based nitrogen recommendation by 12.5% with a consequent reduction...

Recently, financial institutions have developed improved internal risk rating systems and emphasized the probability of default and loss given default. Also they have been affected by globalization and it became important to understand the way foreign banks operate. The probability of default is...

Replaced with revised version of paper 06/26/06.

Telesignos, a fruit producer and exporter in Guayaquil, Ecuador, was considering vertical integration into pre-cut pineapple production. Fruit processing skills, favorable image/reputation, as well as access to a new market could be obtained by linking with a company like Del Monte to produce...

Off-farm labour decisions of a sample of Kansas farmers are evaluated. The central question of our analysis pertains to whether 1996 US farm policy reforms may have altered the decisions to work off the farm. The effects of policy decoupling on off-farm labour are complex: different aspects of...

Financial stress in agricultural cooperatives may be due to a combination of three factors: inadequate profitability, excessive debt, or high interest rates. This paper uses an analytical technique to determine the relative degree of financial stress in agricultural cooperatives attributable to...

Purpose – Understanding complex farming organizations is important in the USA given the rapid consolidation of the agricultural production sector. Multiple entity farms arise from a desire to enhance the ability to transfer the farm from one generation to the next, a desire to affect tax...

Purpose – The purpose of this paper is to discuss opportunities to obtain more information from the Agricultural Resource Management Survey (ARMS). Specifically, the paper will explore the issue of survey nonresponse, the development of pseudo panels, and more frequent updating of cost of...