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| Registros recuperados: 78 | |
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| Rowland, William W.; Langemeier, Michael R.; Schurle, Bryan W.; Featherstone, Allen M.. |
| This study evaluates the economic competitiveness of a sample of Kansas farrow-to-finish operations by estimating relative firm efficiency using nonparametric mathematical programming techniques. Measures of technical, allocative, scale, economic, and overall efficiency are then related to farm characteristics to identify sources of efficiency. Results indicate that overall efficient farms produce a high quantity of pork per litter, produce a portion of their own feed grains, generate a large portion of their income from swine and other livestock enterprises, and have a lower debt-to-asset ratio. |
| Tipo: Journal Article |
Palavras-chave: Cost frontier; Farrow-to-finish; Minimum efficient scale; Overall efficiency; Livestock Production/Industries; Productivity Analysis. |
| Ano: 1998 |
URL: http://purl.umn.edu/15084 |
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| Featherstone, Allen M.; Schroeder, Ted C.; Burton, Robert O., Jr.. |
| Suggested methods to reduce farm financial stress have included interest rate buy-downs and debt forgiveness. This study develops a method to estimate the proportion of individual farm financial stress attributable to an income problem, a leverage problem, and an interest rate problem. Of the Kansas Farm Management Association farms with a financial problem, 30 percent of the total financial problem is caused by an interest rate problem, 28 percent by a leverage problem, and 42 percent by an income problem. A reduction of leverage or interest rate to the level attained by the average nonstressed farms would make 31 percent and 32 percent of the stressed farms profitable, respectively. Therefore, in the short run, an interest rate buy-down or a debt... |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
| Ano: 1988 |
URL: http://purl.umn.edu/29264 |
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| Amegbeto, Koffi N.; Featherstone, Allen M.. |
| Six measures of returns are used to estimate the most "appropriate" market index for southeast Kansas farms. Results suggest that localized indices are more appropriate than state indices for use as the market index. The appropriate index was used to estimate systematic and nonsystematic risk and risk costs for farm planning. Estimated risks depend on the choice of market index, whereas risk costs depend on the index choice and the risk aversion are considered. More risk-averse specialized farmers are not completely compensated for risk. |
| Tipo: Journal Article |
Palavras-chave: Farm Management; Risk and Uncertainty. |
| Ano: 1992 |
URL: http://purl.umn.edu/30732 |
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| Registros recuperados: 78 | |
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