Factors Contributing To Earnings Success Of Cash Grain Farms
The objective of this study was to identify factors which contribute to the earnings' success of cash grain farms in the United States. The study analyzes three measures of success including net farm income per dollar of asset, operators' returns to labor and management, and operators' management income. Logit regression analysis shows that controlling variable costs, ownership, management ability, technology adoption, and diversification are important factors that influence success.
Volume (Year): 31 (1999)
Issue (Month): 03 (December)
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- Armen A. Alchian & Harold Demsetz, 1971.
"Production, Information Costs and Economic Organizations,"
UCLA Economics Working Papers
10A, UCLA Department of Economics.
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- 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.
- Kauffman, Jonas B. III & Tauer, Loren W., 1986. "Successful Dairy Farm Management Strategies Indentified By Stochastic Dominance Analyses Of Farm Records," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 15(2), October.
- Merlin M. Hackbart & Donald A. Anderson, 1978. ""On Measuring Economic Diversification": Reply," Land Economics, University of Wisconsin Press, vol. 54(1), pages 110-112.
- Ali, Mir B. & Johnson, Roger G., 1987. "Factors Influencing Economic Success of North Dakota Farms," Agricultural Economics Reports 23352, North Dakota State University, Department of Agribusiness and Applied Economics.
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