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The Effect Of Managerial Ability On Farm Financial Success

Author Info

  • Ford, Stephen A.
  • Shonkwiler, John Scott

Abstract

The effects of managerial ability on farm financial success are analyzed for a 1990 sample of Pennsylvania commercial dairy farms using structural latent variable techniques. Latent factors related to dairy, crop, and financial management are used with herd size to explain farm financial success, measured by net farm income. Results indicate the relative importance of each management variable toward farm financial success.

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File URL: http://purl.umn.edu/31453
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Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 23 (1994)
Issue (Month): 2 (October)
Pages:

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Handle: RePEc:ags:arerjl:31453
Contact details of provider: Web page: http://www.narea.org/

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Keywords: Farm Management;

References listed on IDEAS
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  1. Musser, Wesley N. & White, Fred C., 1975. "The Impact Of Management On Farm Expansion And Survival," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 7(01), July.
  2. Gourieroux Christian & Monfort Alain & Trognon A, 1981. "Pseudo maximum likelihood methods : theory," CEPREMAP Working Papers (Couverture Orange) 8129, CEPREMAP.
  3. Alfons Weersink & Calum G. Turvey & Abdulahi Godah, 1990. "Decomposition Measures of Technical Efficiency for Ontario Dairy Farms," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 38(3), pages 439-456, November.
  4. Bailey, DeeVon & Biswas, Basudeb & Kumbhakar, Subal C. & Schulthies, B. Kris, 1989. "An Analysis Of Technical, Allocative, And Scale Inefficiency: The Case Of Ecuadorian Dairy Farms," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(01), July.
  5. Tauer, Loren W. & Belbase, Krishna P., 1987. "Technical Efficiency Of New York Dairy Farms," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 16(1), April.
  6. Tauer, Loren W., 1993. "Short-Run And Long-Run Efficiencies Of New York Dairy Farms," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 22(1), April.
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Cited by:

  1. Marcellino, Dana M. & Wilson, Christine A., 2006. "The Current State and Value of Farm Record Keeping," Proceedings: 2006 Agricultural and Rural Finance Markets in Transition, October 2-3, 2006; Washington, DC 133087, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
  2. Makhura, Moraka Nakedi & Wasike, W.S.K., 2003. "Patterns of access to rural service infrastructure: the case of farming households in Limpopo Province," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 42(2), June.
  3. Gloy, Brent A. & Hyde, Jeffrey & LaDue, Eddy L., 2001. "Dairy Farm Management And Long-Term Farm Financial Performance: Evidence From Panel Data," 2001 Annual meeting, August 5-8, Chicago, IL 20515, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Li, Xin & Paulson, Nicholas, 2014. "Is Farm Management Skill Persistent?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170170, Agricultural and Applied Economics Association.
  5. Lambert, David K. & Shonkwiler, John Scott, 1995. "Property Rights, Grazing Permits, And Rancher Welfare," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(01), July.
  6. Makhura, Moraka T. & Goode, M.F. & Coetzee, Gerhard K., 1997. "Indexing participation in the market economy through factor analysis: Implications for food security," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 36(4), December.
  7. repec:ebl:ecbull:v:17:y:2008:i:12:p:1-10 is not listed on IDEAS
  8. Winsten, Jonathan R. & Parsons, Robert L. & Hanson, Gregory D., 2000. "A Profitability Analysis Of Dairy Feeding Systems In The Northeast," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(2), October.
  9. Williams, John & McSweeney, Peter & Salmon, Robert, 2014. "Australian Farm Investment: Domestic and Overseas Issues," Australasian Agribusiness Perspectives 234408, University of Melbourne, Melbourne School of Land and Environment.
  10. Purdy, Barry M. & Langemeier, Michael R. & Featherstone, Allen M., 1997. "Financial Performance, Risk, And Specialization," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(01), July.
  11. Paulson, Nicholas, 2013. "The Impact of Revenues and Costs on the Relative Returns of Illinois Grain Farms," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers.
  12. Marcellino, Dana M. & Wilson, Christine A., 2006. "Valuing Farm Financial Information," 2006 Annual meeting, July 23-26, Long Beach, CA 21243, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  13. Morgan, Jeffery D. & Langemeier, Michael R., 2003. "Impact Of Farm Size And Type On Competitive Advantage," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35197, Southern Agricultural Economics Association.
  14. Foreman, Linda F. & Livezey, Janet S., 2003. "Factors Contributing To Financially Successful Southern Rice Farms," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35215, Southern Agricultural Economics Association.
  15. Adhikari, Arun & Mishra, Ashok K. & Chintawar, Sachin, 2009. "Adoption of Technology and Its Impact on Profitability of Young and Beginning Farmers: A Quantile Regression Approach," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46830, Southern Agricultural Economics Association.
  16. McBride, William D. & Johnson, James D., 2004. "Approaches To Management And Farm Business Success," 2004 Annual meeting, August 1-4, Denver, CO 20131, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  17. Gripp, Sharon I. & Ford, Stephen A., 1997. "Health Insurance Coverage For Pennsylvania Dairy Farm Managers," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(2), October.

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