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Registros recuperados: 14
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Competing Risk Proportional Hazard Models of Farm Service Agency Direct Operating Loans AgEcon
Dixon, Bruce L.; Ahrendsen, Bruce L.; Foianini, Monica; Hamm, Sandra J.; Danforth, Diana M..
The USDA Farm Service Agency (FSA) direct farm loan program is designed to provide credit to family-sized farms unable to obtain credit from conventional sources at reasonable rates and terms despite having sufficient cash flow to repay and an ability to fully securitize the loan. FSA policy encourages borrowers to exit the program as soon as possible. This study uses Cox proportional hazard models in a competing risks framework to identify predictive factor of: (1) loan success or default, and (2) length of time to loan termination. Survey data from 1925 direct loans originated in federal fiscal years 1994-95 are used for analysis. Only data available to FSA at time of origination were collected. Since these data are all the information FSA has at time...
Tipo: Journal Article Palavras-chave: Duration; Farm Service Agency; Direct loans; Competing risks; Agricultural Finance; Risk and Uncertainty; C29; G28; Q12; Q14.
Ano: 2008 URL: http://purl.umn.edu/48140
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Farm Service Agency Direct Farm Loan Program Effectiveness Study AgEcon
Nwoha, Ogbonnaya John; Ahrendsen, Bruce L.; Dixon, Bruce L.; Chavez, Eddie C.; Hamm, Sandra J.; Settlage, Daniel M.; Danforth, Diana M..
The three primary objectives of the Effectiveness Study are to: (1) identify groups being served by FSA direct farm loan programs, (2) examine the length of time borrowers remain in the programs and the proportion of borrowers who exit or 'graduate' from the programs, and (3) measure and identify ways of reducing loan subsidy rates. The study found that direct Farm Loan Programs (FLPs) appear to be serving their intended clientele. Recent FLP borrowers are more financially stressed than non-borrowers and would be generally considered as family farms. About 78 to 92 percent would qualify as small family farms using USDA's Small Farms Commission definition. FLP credit market penetration is relatively high among farms likely to be eligible for these...
Tipo: Report Palavras-chave: Agricultural Finance.
Ano: 2005 URL: http://purl.umn.edu/15772
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Analyzing FSA Direct Loan Borrower Payback Histories: Predictors of Financial Improvement and Loan Servicing Actions AgEcon
Landerito, Aiko O.; Dixon, Bruce L.; Ahrendsen, Bruce L.; Hamm, Sandra J.; Danforth, Diana M..
Classical and count data regression models are estimated to predict improvement in three key financial indicators—net worth, debt-to-asset ratio and current ratio—as well as the number of loan restructurings and delinquencies. Data consist of Farm Service Agency direct loans originated in fiscal years 1994-1996. Models to predict outcomes vary by loan type. Models explaining variation in the financial measures have modest explanatory power but initial levels of debt-to-asset ratio and current ratio are significant in explaining changes in debt-to-asset ratios and current ratios, respectively. Models explaining number of restructurings and delinquencies for operating loans have satisfactory explanatory power. Increasing crop revenues to total farm...
Tipo: Conference Paper or Presentation Palavras-chave: FSA direct loans; Financial improvement; Loan servicing actions; Agricultural Finance; Farm Management; Q14; Q12.
Ano: 2009 URL: http://purl.umn.edu/49340
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Prepared for Bioterrorism Events? A Study of the Grain and Oilseed Sector AgEcon
Wailes, Eric J.; Carreira, Rita I.; Danforth, Diana M.; Nemane, Vivek.
One of the most crucial problems facing the U.S. economy is the possibility of a terrorist attack on its food sector. The implications can be profound for its stakeholders, who are highly dependent on this sector for their economic livelihood as well as their food supplies. The U.S. Bioterrorism Act of 2002 was enacted to improve the ability of the United States to prevent, prepare for and respond to bioterrorism and other public health emergencies. One of the important features of the U.S. Bioterrorism Act of 2002 is its emphasis on prevention, a change from prior legislation that focused on punishments after an incidence had occurred. The U.S. Bioterrorism Act does not address food safety issues in general; its focus is to prevent intentional...
Tipo: Conference Paper or Presentation Palavras-chave: Bioterrorism; Grain and oilseed sector; Bioterrorism Act of 2002; NC-1016; Agribusiness; Agricultural and Food Policy; Marketing; Political Economy; I18; K23; Q13; Q18.
Ano: 2011 URL: http://purl.umn.edu/103867
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Analysis of Participation in Multifunctional Agriculture: U.S. Rice Farms AgEcon
Tur Cardona, Juan; Wailes, Eric J.; Dixon, Bruce L.; Danforth, Diana M..
Multifunctional agriculture is particularly fundamental to some working lands conservation policies and programs, such as the Environmental Quality Incentive Program (EQIP), Conservation Security Program (CSP) and Wildlife Habitat Incentive Program (WHIP). Farmers can also be engaged in providing recreational and agri-tourism services such as hunting, fishing, bird-watching, farm tours, petting zoos and hospitality services. Using the Agricultural Resource Management Survey (ARMS) we analyze factors associated with participation in conservation, recreation and agri-tourism activities as a function of farm structure, farm financial measures, production practices, and socio-demographic characteristics of the farm operator. To estimate the functional...
Tipo: Presentation Palavras-chave: Multifunctional agriculture; Agri-environmental policy; Rice; Logistic model; Agricultural and Food Policy; Community/Rural/Urban Development; Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use; Q18; Q26; Q28.
Ano: 2012 URL: http://purl.umn.edu/119750
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Attitudes of College Students towards Agriculture, Food and the Role of Government AgEcon
Carreira, Rita I.; Mane, R.; Danforth, Diana M.; Wailes, Eric J..
In 2002 and 2007 we surveyed Agribusiness students’ attitudes about agriculture, farming, food and agricultural policies. Responses were analyzed by year and student characteristics including farm background, citizenship and gender. Citizenship was a significant variable explaining differences in agreement with statements. Year and interactions with year were not significant.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Farming; Logistic regression; Student attitudes; Agricultural and Food Policy; Teaching/Communication/Extension/Profession; A13; A22; C42; Q18.
Ano: 2008 URL: http://purl.umn.edu/6806
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Comparison of Factors Influencing Salaries of Agricultural Economics Professionals in Academic and Federal Employment AgEcon
Popp, Jennie S. Hughes; Newton, Doris J.; Pittman, Dianne; Danforth, Diana M.; Abdula, Arby.
Results of two ordered probit models find differences in the major factors that influence salaries of agricultural economists employed in academia and in federal government. However some similarities were found; both sets of salaries were influenced by factors that measure job performance and neither set of salaries were significantly influenced by gender or ethnicity.
Tipo: Conference Paper or Presentation Palavras-chave: Salary survey; Job performance; Labor and Human Capital; Teaching/Communication/Extension/Profession.
Ano: 2010 URL: http://purl.umn.edu/56504
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Analysis of Participation in Multifunctional Agriculture: U.S. Rice Farms AgEcon
Tur Cardona, Juan; Wailes, Eric J.; Dixon, Bruce L.; Danforth, Diana M..
Multifunctional agriculture is particularly fundamental to some working lands conservation policies and programs, such as the Environmental Quality Incentive Program (EQIP), Conservation Security Program (CSP) and Wildlife Habitat Incentive Program (WHIP). Farmers can also be engaged in providing recreational and agri-tourism services such as hunting, fishing, bird-watching, farm tours, petting zoos and hospitality services. Using the Agricultural Resource Management Survey (ARMS) we analyze factors associated with participation in conservation, recreation and agri-tourism activities as a function of farm structure, farm financial measures, production practices, and socio-demographic characteristics of the farm operator. To estimate the functional...
Tipo: Presentation Palavras-chave: Multifunctional agriculture; Agri-environmental policy; Rice; Logistic model; Agricultural and Food Policy; Land Economics/Use; Q18; Q26; Q28.
Ano: 2012 URL: http://purl.umn.edu/119768
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FSA Direct Farm Loan Program Graduation Rates and Reasons for Exiting AgEcon
Dixon, Bruce L.; Ahrendsen, Bruce L.; Nwoha, Ogbonnaya John; Hamm, Sandra J.; Danforth, Diana M..
Farm Service Agency (FSA) direct loans are intended to provide transitory credit to creditworthy borrowers unable to obtain conventional credit at reasonable terms. Farm loan program (FLP) effectiveness is measured in part by how readily direct loan borrowers graduate to conventional credit. A survey of FSA borrowers originating direct loans during fiscal years 1994-1996 is used to estimate graduation rates. A majority of 1994-1996 loan originators did exit the direct FLP by November 2004. A multinomial logit model indicates financial strength at origination resulted in greater likelihood of farming without direct loans approximately 9 years after loan origination.
Tipo: Journal Article Palavras-chave: Direct loans; Farm Service Agency; Graduation; Multinomial logit; Agricultural and Food Policy; G20; G28; Q12; Q14.
Ano: 2007 URL: http://purl.umn.edu/6295
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DISTRIBUTIONAL IMPACTS OF CAPPING ELIGIBILITY FOR COMMODITY PROGRAM PAYMENTS AgEcon
Wailes, Eric J.; Chavez, Eddie C.; Danforth, Diana M.; Ahrendsen, Bruce L.; Dixon, Bruce L..
Tipo: Article Palavras-chave: Adjusted Gross Income; Commodity Payments; Eligibility; Means Test; Resource /Energy Economics and Policy; Q12; Q18.
Ano: 2011 URL: http://purl.umn.edu/120006
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Factors Influencing Salaries of Agricultural Economics Professionals in Federal Employment - Part I AgEcon
Newton, Doris J.; Popp, Jennie S. Hughes; Abdula, Arby; Pittman, Dianne; Danforth, Diana M..
Since the early 1900s much research has been conducted on salary gaps between men and women in different professions. While some of that work has focused on agricultural economics professionals, little research could be found specifically relating to agricultural economic professionals in federal employment. A survey was sent to known agricultural economics professionals within USDA. The data from this survey are being used for two purposes. The first is to determine whether differences exist between men and women (and between employees in different agencies) in factors that influence job choice and potential problems in the workplace. The second is to identify factors that influence salaries of men and women agricultural economics professionals in...
Tipo: Conference Paper or Presentation Palavras-chave: Salary and performance studies; Institutional and Behavioral Economics.
Ano: 2009 URL: http://purl.umn.edu/46776
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Analysis of Farm Service Agency Direct Loan Loss Likelihoods and Loss Rates AgEcon
Ahrendsen, Bruce L.; Dixon, Bruce L.; Nwoha, Ogbonnaya John; Hamm, Sandra J.; Danforth, Diana M..
The USDA's Farm Service Agency (FSA) serves as the nation's lender of last resort by providing direct loans to farmers unable to obtain credit at reasonable rates and terms. Annual loan losses have been substantial, averaging $576 million for fiscal 1994-2004. An econometric model using survey data from a sample of FSA loans originated in fiscal 1994-1996 is estimated to identify factors associated with loan losses. The results indicate previous debt settlement experience, loan type, farm type, farm size, and farm financial characteristics are important factors. This information may be used by FSA to adjust its underwriting standards in an effort to reduce loan losses and provide additional loans to farmers given its current funding.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance.
Ano: 2006 URL: http://purl.umn.edu/21454
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Factors Influencing Salaries of Agricultural Economics Professionals at Land Grant Institutions AgEcon
Popp, Jennie S. Hughes; Abdula, Arby; Newton, Doris J.; Pittman, Dianne; Danforth, Diana M..
Research in the mid 1900s suggested that salary gaps existed between men and women in academia. Though the research helped bring attention to salary gaps, less focus was on causes of salary differences. More recent research suggested differences in salaries were based on performance. A survey was sent to agricultural economics professionals at land grant intuitions to identify the factors that influence their salaries. Results of the ordered probit model suggest that seven variables can be used to explain salaries: having attained tenure, working at an 1862 institution, the amount of grant dollars, the number of journal articles, highest academic rank and the percentage of appointment that is in administration (positive influences) and importance of...
Tipo: Conference Paper or Presentation Palavras-chave: Salary and performance; Tracking survey; Institutional and Behavioral Economics; A11; A14.
Ano: 2009 URL: http://purl.umn.edu/46722
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FSA Direct Farm Loan Program Graduation Rates and Reasons for Exiting AgEcon
Dixon, Bruce L.; Ahrendsen, Bruce L.; Nwoha, Ogbonnaya John; Hamm, Sandra J.; Danforth, Diana M..
Farm Service Agency (FSA) direct loans are intended to provide transitory credit to creditworthy borrowers unable to obtain conventional credit at reasonable terms. Farm loan program (FLP) effectiveness is measured in part by how readily direct loan borrowers graduate to conventional credit. A survey of FSA borrowers originating direct loans during fiscal years 1994-1996 is utilized to estimate graduation rates. A majority of 1994-1996 loan originators did exit the direct FLP by November 2004. A multinomial logit model indicates financial strength at origination resulted in greater likelihood of farming without direct loans approximately nine years after loan origination.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance.
Ano: 2006 URL: http://purl.umn.edu/21452
Registros recuperados: 14
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