Analyzing Tenure Arrangements And Crop Rotations Using Farm Simulation And Probit Analysis
AbstractWhole farm simulation analysis and econometric techniques are employed in an analysis of crop rotations and tenure arrangement strategies. The FLIPSIM model is used to analyze a representative Texas Upper Gulf Coast rice and soybean farm. Probit analysis is then used to determine the impact of net cash farm income, land tenure, and crop rotation on probability of survival. Results suggest that, although the simulation model is useful in providing information on the effect at the farm level of following the different strategies, probit results provide greater understanding into the returns and risk inherent to each strategy.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Southern Journal of Agricultural Economics.
Volume (Year): 18 (1986)
Issue (Month): 02 (December)
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- Musser, Wesley N. & Alexander, Vickie J. & Tew, Bernard V. & Smittle, Doyle A., 1985. "A Mathematical Programming Model For Vegetable Rotations," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(01), July.
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- Cole, John D. & Pattanaik, Nalini & Janssen, Larry, 2006. "Impacts of Land Ownership and Debt Levels on Farm Survival and Financial Growth," 2006 Annual meeting, July 23-26, Long Beach, CA 21477, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics, Blackwell, vol. 17(1), pages 45-58, October.
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