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Registros recuperados: 93 | |
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D'Antoni, Jeremy M.; Mishra, Ashok K.. |
The MILC program, a counter-cyclical income support program, was designed to provide price support to dairy farmers. Since the inception of the MILC program it has been argued that the program is inefficient and rewards inefficiency by keeping high cost, small dairy farms in business. Large dairy producers have expressed concerns that the MILC payments have negatively affected their farming income. Using farm-level, ARMS data from 2005, this study investigated the factors that affect farmer’s decision to participate in MILC program and if participation in MILC has an impact on milk production. The results show that participation in MILC program is positively correlated with farmer’s educational attainment, organic certification subsidy, milk price,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Dairy farms; Agricultural policy; Milk Income Loss Contract Program; Two-step probit estimation; Agricultural and Food Policy; Livestock Production/Industries; H20; Q13; Q18. |
Ano: 2011 |
URL: http://purl.umn.edu/103775 |
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Mishra, Ashok K.; El-Osta, Hisham S.. |
Enterprise diversification is a self-insuring strategy used by farmers to protect against risk. This paper examines the impact of various farm, operator, and household characteristics on the level of on-farm diversification. Results provide evidence that larger farms are more specialized. Also, farmers who participate in off-farm income and farms located near urban areas are less likely to diversify. Additionally, results also show a significant positive relationship between diversification and farm/crop insurance and sole proprietorships. Finally, there is also evidence that farms that received government payments are more diversified than their counterparts. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management; Risk and Uncertainty. |
Ano: 2002 |
URL: http://purl.umn.edu/19711 |
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Mishra, Ashok K.; El-Osta, Hisham S.; Morehart, Mitchell J.; Johnson, James D.; Hopkins, Jeffrey W.. |
Agricultural policy is rooted in the 1930s notion that providing transfers of money to the farm sector translates into increased economic well-being of farm families. This report shows that changes in income for the farm sector or for any particular group of farm businesses do not necessarily reflect changes confronting farm households. Farm households draw income from various sources, including off-farm work, other businesses operated, and increasingly nonfarm investments. Likewise, focus on a single indicator of well-being, like income, overlooks other indicators such as the wealth held by the household and the level of consumption expenditures for health care, food, housing, and other items. Using an expanded definition of economic well-being, we... |
Tipo: Report |
Palavras-chave: Consumption; Farm households; Income; Wealth; Well-being; Off-farm employment; Consumer/Household Economics. |
Ano: 2002 |
URL: http://purl.umn.edu/33967 |
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Uematsu, Hiroki; Mishra, Ashok K.. |
The objective of this study is to estimate the impact of natural amenity on farmland values in the contiguous United States using a quantile regression approach and data from the 2006, 2007, and 2008 Agricultural Resource Management Surveys. The contribution of this study is three-fold. First, we explicitly include variables representing natural amenity and soil characteristics of farmland. Second, we employ a quantile regression approach to examine potentially heterogeneous impacts of natural amenity and soil characteristics at different quantiles of farmland values. Third, we utilized data from a nationwide survey of farm household to examine findings in studies using regional data are consistent at a national scale. Our quantile regression analysis... |
Tipo: Presentation |
Palavras-chave: Farmland Values; Quantile Regression; Natural Amenity; Environmental Economics and Policy; Land Economics/Use; C14; Q15; Q24. |
Ano: 2012 |
URL: http://purl.umn.edu/119804 |
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Gulati, Sumeet; Mishra, Ashok K.. |
In an analysis of the determinants of government payments to a farm the paper finds cropping patterns, soil productivity, and more importantly human capital variables such as education, and age as significant. While analyzing the effect of government payments on the profit efficiency of agriculture the paper finds that the inclusion of government payments does not cause structural change in US agriculture (i.e., a change in returns to scale of the underlying technology). Nevertheless, the paper does find evidence of an indirect effect of government payments on efficiency. Farms that received greater government payments on aggregate were more efficient than other farms. |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy; Agricultural Finance. |
Ano: 2003 |
URL: http://purl.umn.edu/15837 |
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D'Antoni, Jeremy M.; Mishra, Ashok K.; Gillespie, Jeffrey M.. |
The assumption of homogeneity between family and hired farm labor is common in farm labor research. Controlling for region and farm size, this study employs a seemingly unrelated regression analysis to jointly estimate a translog cost function and factor cost shares to determine the elasticity of substitution between hired and family farm labor. The results show an evidence of heterogeneity of farm labor in both cash grain and hog farms in the U.S. There is further evidence that the elasticity of substitution is unitary and the cost minimizing ratio of hired and family labor is not independent of time. Regional factors were found to have little effect on the substitutability of farm labor, whereas farm size was found to have a significant influence on... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Labor and Human Capital; Production Economics. |
Ano: 2011 |
URL: http://purl.umn.edu/98754 |
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Mishra, Ashok K.; Morehart, Mitchell J.. |
The retiring farmer generally tries to balance the desire to keep the farm intact as a going concern with the need for a secure assets portfolio to finance retirement. This problem becomes more complex in situations where younger family members choose not to be active in the farm business. Tax-deferred savings are potentially an important component of a retirement plan and could represent a very substantial increase in tax-free assets for many individuals. This study examines the tax deferred retirement savings of farm households. The model is estimated using Agricultural Resource Management Survey (ARMS) 1999 farm-level national data and the Double-Hurdle estimation method. Results indicate that farm household's source of income, age of the farm operator,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
Ano: 2003 |
URL: http://purl.umn.edu/22234 |
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Mishra, Ashok K.; Williams, Robert P.; Detre, Joshua D.. |
The Internet is becoming an increasingly important management tool in production agriculture. Using data from the 2004 Agricultural Resource Management Survey (ARMS) and a double-hurdle estimation approach, we explore the adoption of computers with Internet access by and Internet purchasing patterns of farm households. Adoption of the Internet is positively related to age and education of the operator, off-farm work, presence of spouse, participation in government programs, farm size, and regional location of the farm. Internet purchasing patterns of farm households are positively related to the education of the operator and spouse, presence of teenagers, and regional location of the farm. Finally, farm businesses and their households are more likely to... |
Tipo: Journal Article |
Palavras-chave: Adoption of Internet; Education; Farm size; Farm households; Internet; Double-hurdle model; Farm business; Major household items; Minor farm inputs; Agricultural Finance; Consumer/Household Economics; Farm Management. |
Ano: 2009 |
URL: http://purl.umn.edu/55545 |
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Goodwin, Barry K.; Mishra, Ashok K.; Kimhi, Ayal. |
We evaluate relationships among time allocation decisions for farm operators and their spouses and endogenous farm structure. We consider two aspects of farm structure{ farm scale, represented by acreage operated and harvested, and farm scope, which is represented by an index of diversification. We are particularly interested in the role of policy expectations as a factor influencing labor decisions and farm structure. Our results indicate that farm structure and household time allocations are significantly related to one another. Operators on larger and more diversified farms tend to work less off the farm. Size may be endogenous to off-farm work decisions in that farms tend to be smaller when farmers pursue off-farm work opportunities, though the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy; Farm Management. |
Ano: 2007 |
URL: http://purl.umn.edu/7167 |
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Fernandez-Cornejo, Jorge; Mishra, Ashok K.; Nehring, Richard F.; Hendricks, Chad; Southern, Malaya; Gregory, Alexandra. |
The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe the outcomes of such decisions, such as onfarm and off-farm income. This report finds that a farm operator’s off-farm employment and off-farm income vary inversely with the size of the farm. Operators of smaller farm operations improve their economic performance by compensating for the scale disadvantages of their farm business with more off-farm involvement.... |
Tipo: Report |
Palavras-chave: Off-farm income; Farm households; Economic performance; Managerial time; Scale economies; Scope economies; Technical efficiency; Technology adoption; Farm size; Agricultural Finance; Farm Management. |
Ano: 2007 |
URL: http://purl.umn.edu/7234 |
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Registros recuperados: 93 | |
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