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The Impacts of Off-Farm Income on Farm Efficiency, Scale, and Profitability for Corn Farms

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Author Info
Nehring, Richard
Fernandez-Cornejo, Jorge
Abstract

This paper estimates returns to scale and technical efficiency of corn farms following an input distance function approach and compares the relative performance of farm operator households with and without off-farm wages and salaries. We use 1995-2003 USDA data. The input distance function results suggest that off-farm outputs and inputs can be modeled in a multi-activity framework, which materially alter performance measures in the Corn Belt. We find that off-farm income boosts scale and technical efficiency of smaller operations. We also find that the number of hours worked off-farm by the spouse contributes to a higher technical efficiency.

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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number 19566.

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Date of creation: 2005
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Handle: RePEc:ags:aaea05:19566

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Keywords: Farm Management;

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  1. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July. [Downloadable!] (restricted)
  2. Verbeek, M. & Nijman, T., 1990. "Can Cohort Data Be Treated As Genuine Panel Data," Papers 9064, Tilburg - Center for Economic Research.
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  3. Kumbhakar, Subal C & Biswas, Basudeb & Bailey, DeeVon, 1989. "A Study of Economic Efficiency of Utah Dairy Farmers: A System Approach," The Review of Economics and Statistics, MIT Press, vol. 71(4), pages 595-604, November. [Downloadable!] (restricted)
  4. Joseph A. Herriges & Silvia Secchi & Bruce A. Babcock, 2003. "Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values," Center for Agricultural and Rural Development (CARD) Publications 03-wp342, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
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  5. Catherine J. Morrison Paul & Richard Nehring & David Banker, 2004. "Productivity, Economies, and Efficiency in U.S. Agriculture: A Look at Contracts," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 86(5), pages 1308-1314, December. [Downloadable!] (restricted)
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