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Economic Survivability Of Mississippi Rice Farms: A Deterministic Simulation Approach

Author

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  • Salassi, Michael E.
  • Eddleman, Bobby R.
  • Hamill, James G.

Abstract

This study evaluates the economic survivability of rice farms in the Delta area of Mississippi. A general whole-farm simulation model, FLIPSIM V, is used to simulate the operations of representative rice farms over a 10-year period. Although farm size did not change for any of the representative farms considered, the financial structure of these farms changed considerably. Crop mix was found to cause significant differences in the economic growth and financial viability of rice farms in the region.

Suggested Citation

  • Salassi, Michael E. & Eddleman, Bobby R. & Hamill, James G., 1987. "Economic Survivability Of Mississippi Rice Farms: A Deterministic Simulation Approach," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 0(Number 2), pages 1-11, December.
  • Handle: RePEc:ags:sojoae:30212
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    File URL: http://ageconsearch.umn.edu/record/30212/files/19020163.pdf
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    References listed on IDEAS

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    1. Michael Boehlje & Vernon Eidman, 1983. "Financial Stress in Agriculture: Implications for Producers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(5), pages 937-944.
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    Cited by:

    1. 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.
    2. Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 17(1), October.

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    Keywords

    Crop Production/Industries;

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