IDEAS home Printed from https://ideas.repec.org/a/wly/agribz/v8y1992i1p47-56.html
   My bibliography  Save this article

Financial performance of New England dairy farms

Author

Listed:
  • James J. Wadsworth

    (Agricultural Cooperative Service|USDA)

  • Boris E. Bravo-Ureta

    (Department of Agricultural and Resource Economics at the University of Connecticut, Storrs)

Abstract

This article uses a procedure developed by Melichar to classify 124 New England dairy farms according to their financial performance. Logit regression is then used to estimate a model that seeks to explain the variation in observed financial performance. It was found that 80% of the farms in the sample were in good financial position in 1984. The results of the logit regression suggest that production per cow, farm operating expense per cow, milk price, non-milk sources of farm income, farm size, farm location, and land purchases in the last five-year period are statistically significant determinants of financial performance. Surprisingly, operator education is not statistically significant.

Suggested Citation

  • James J. Wadsworth & Boris E. Bravo-Ureta, 1992. "Financial performance of New England dairy farms," Agribusiness, John Wiley & Sons, Ltd., vol. 8(1), pages 47-56.
    • Handle: RePEc:wly:agribz:v:8:y:1992:i:1:p:47-56
    DOI: 10.1002/1520-6297(199201)8:1<47::AID-AGR2720080105>3.0.CO;2-N
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Josep M. Argilés, 1998. "Accounting information and the prediction of farm viability," Economics Working Papers 277, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Puig-Junoy, Jaume & Argiles, Josep M., 2004. "The influence of management accounting use on farm inefficiency," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 5(2), pages 1-20, August.
    3. Vaida Stulpinienė & Vida Čiulevičienė, 2014. "Agricultural Support Influence On Farm Financial Stability," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 936-946.
    4. Josep M. Argilés, 2002. "Importancia de la información contable para el análisis y predicción de la viabilidad de las explotaciones agrícolas," Economics Working Papers 612, Department of Economics and Business, Universitat Pompeu Fabra.
    5. Jaume Puig & Josep M. Argilés, 2000. "Measuring and explaining farm inefficiency in a panel data set of mixed farms," Economics Working Papers 503, Department of Economics and Business, Universitat Pompeu Fabra.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:agribz:v:8:y:1992:i:1:p:47-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.