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Registros recuperados: 41
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Productivity Divergence Across Kansas Farms AgEcon
Yeager, Elizabeth A.; Langemeier, Michael R..
This study used 30 years of continuous data for 135 farms in Kansas to explore changes in productivity using Malmquist productivity indices. The indices were used to determine whether there was productivity convergence or divergence in Kansas farms. The results showed that there was significant divergence among the farms and not a tendency for farms to catch-up to the same levels of productivity as the top farms in the sample. The average annual productivity growth over the sample period, 1979-2008, was 0.50 percent. The top farms based on MPI were larger in terms of value of farm production, crop farm income and livestock farm income and received a larger percentage of their income from oilseeds, feed grains, and swine than the other farms on average and...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/61174
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Three-Dimensional Efficient Portfolio Frontier: Mean, Variance, and Farm Size AgEcon
Peterson, Hikaru Hanawa; Schurle, Bryan W.; Langemeier, Michael R..
Replaced with revised version of paper 07/16/05.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/19298
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Do Theoretical Restrictions Matter for the Translog Stochastic Production Function? Evidence from the Kansas Farm Sector AgEcon
Mugera, Amin W.; Langemeier, Michael R.; Featherstone, Allen M..
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/61582
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A Long-Term Analysis of Changes in Farm Size and Financial Performance AgEcon
Snider, Lindsey; Langemeier, Michael R..
This paper examined the changing structure of farms in Kansas. Specifically, changes in farm size, farm type, financial performance, and economies of size were examined using five-year moving averages from 1973 to 2007. Convergence analysis was used to determine whether small farms are catching up to larger farms or whether the difference in performance between these two groups of farms was widening. Results suggested that the gaps between the small farms and large farms have widened.
Tipo: Conference Paper or Presentation Palavras-chave: Economies of Size; Financial Performance; Farm Management; Production Economics; D21.
Ano: 2008 URL: http://purl.umn.edu/45915
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Constructing Farm Level Yield Densities from Aggregated Data: Analysis and Comparison of Approaches AgEcon
Cooper, Joseph C.; Langemeier, Michael R.; Schnitkey, Gary D.; Zulauf, Carl R..
Yield variability can be significantly higher at the farm level than at more aggregated levels, including the county. However, due to a dearth of available farm level data, much stochastic analysis involving farm yields utilizes more aggregated yield data as a proxy for the farm level. We empirically evaluate farm-level variability using longitudinal farm level data sets available from the Kansas Farm Management Association and the Illinois Farm Business and Farm Management Association. For corn, soybeans, and wheat, we compare the farm level yield variability obtained from this data to that inferred from Federal crop insurance premiums. The farm management data exhibit lower yield variability than are implied by the crop insurance premiums.
Tipo: Conference Paper or Presentation Palavras-chave: Yield variability; Crop insurance; Corn; Wheat; Soybeans; Agricultural and Food Policy; Crop Production/Industries; Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 2009 URL: http://purl.umn.edu/49216
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MEASURING SCOPE AND SCALE EFFICIENCY GAINS DUE TO SPECIALIZATION AgEcon
Helmers, Glenn A.; Langemeier, Michael R.; Shaik, Saleem.
Using the non-parametric linear programming approach, this study examines overall efficiency gains due to diversification between crop and livestock enterprises for a sample of Kansas farms. Overall efficiency gains were decomposed into scope efficiency gains and scale efficiency gains. Farms with both crops and livestock were found to be less efficient than farms with just crops or just livestock. Operator age, profit margin, and farm size were significantly related to overall efficiency.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/19388
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Cost Efficiency Estimates for a Sample of Crop and Beef Farms AgEcon
Langemeier, Michael R.; Jones, Rodney D..
This paper examines the impact of specialization on the cost efficiency of a sample of crop and beef farms in Kansas. The economic total expense ratio was used to measure cost efficiency. The relationship between the economic total expense ratio and specialization was not significant.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/35509
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FACTORS INFLUENCING OPTIMAL STOCKING RATES FROM A TENANT PERSPECTIVE AgEcon
May, Gary J.; Jones, Rodney D.; Langemeier, Michael R.; Dhuyvetter, Kevin C..
The terms of grazing lease contracts potentially influence the tenant’s incentive to preserve the vegetation resource. Annual stocking rate decisions dictate the degree of overgrazing, which can be cumulative over long periods of time. The objective of this study is to identify the impact the tenant’s planning horizon and cost structure specified in the lease contract has on his/her profit-maximizing stocking rate. A multi-period nonlinear programming model was developed to identify economically optimal stocking rates each year over a 24-year period. The model was solved under 1-, 4-, 8-, and 12-year leases on a “per acre” and “per head” basis. The relative importance of each lease alternative and input variable on the tenant’s optimal stocking rate was...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/16632
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DETERMINANTS OF CATTLE FINISHING PROFITABILITY AgEcon
Langemeier, Michael R.; Schroeder, Ted C.; Mintert, James R..
Data from a western Kansas feedlot were analyzed to estimate the quantitative impacts of price and performance variables on profits per head from finishing cattle. Sale prices, feeder prices, and corn prices had the most impact on profit variability over time. Differences in sale prices, feeder prices, and feed conversions were important in explaining the difference in steer and heifer profits over time. Results suggest that breakeven prices should be calculated for a range of fed cattle, feeder, and corn prices, and that these three variables need to be stochastic in representative farm modeling efforts.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1992 URL: http://purl.umn.edu/29637
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INFLUENCE OF LAND TENURE ARRANGEMENTS ON GRAZING MANAGEMENT INCENTIVES AgEcon
May, Gary J.; Jones, Rodney D.; Langemeier, Michael R.; Dhuyvetter, Kevin C..
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use; Livestock Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/36442
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An Examination of the Tradeoff between Net Return, Risk, and Water Quality for Crop Rotations in South Central Kansas AgEcon
Langemeier, Michael R.; Nelson, Nathan; Parajuli, Prem; Perkins, Seth.
This paper determined the optimal crop rotation in South Central Kansas. The model incorporated net return, risk, and water quality. In general, water quality improved as tillage was reduced within a rotation type and by adding an alfalfa rotation. The optimal crop rotation mixes included wheat, grain sorghum, soybeans, and alfalfa.
Tipo: Conference Paper or Presentation Palavras-chave: Water quality; Optimal crop rotation; Risk and return; Farm Management; D24; D81.
Ano: 2010 URL: http://purl.umn.edu/56407
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TILLAGE SYSTEMS, CROPPING PRACTICES, FARM CHARACTERISTICS AND EFFICIENCY AgEcon
Sankranti, Sridhar; Langemeier, Michael R..
This paper examines the technical efficiency (TE) of a sample of farms in North-Central Kansas practicing conventional and no-till practices. A stochastic frontier production model with technical inefficiency effects is used to obtain individual farm TE values and to explain sources of technical inefficiency. The results indicate that TE is not impacted by no-till practices. Revised paper posted to AgEcon Search 02/11/04
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2004 URL: http://purl.umn.edu/34632
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IMPACT OF FARM SIZE AND TYPE ON COMPETITIVE ADVANTAGE AgEcon
Morgan, Jeffery D.; Langemeier, Michael R..
This study examined sustained competitive advantage for a sample of Kansas farms. Whole-farm data for 224 farms with continuous data from 1982-2001 were used. Overall efficiency was computed for each farm and year. Sixty farms exhibited a sustained competitive advantage. Seventy-six farms exhibited a sustained competitive disadvantage. Farms with a competitive advantage were relatively larger, received more of their gross farm income from dairy and swine production, had significantly lower expense ratios, and had significantly higher profit margins.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2003 URL: http://purl.umn.edu/35197
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An Examination of the Relationship Between Overall Efficiency and Farm Experience AgEcon
Langemeier, Michael R.; Bradford, Kelly.
This paper examines the relationship between overall efficiency and years of farm experience for a sample of Kansas farms. In addition to years of experience, overall efficiency is significantly related to farm size, percent of time devoted to farming, and percent acres owned.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/35589
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Economic Efficiency Adjusted for Risk Preferences AgEcon
Yeager, Elizabeth A.; Langemeier, Michael R..
This study investigates the impact of risk preferences on economic efficiency scores. Risk averse individuals may be less likely to adopt new technologies and have lower production levels than individuals with other risk preferences. Nonparametric techniques are used to estimate cost and revenue efficiency for a sample of Kansas farms. Each farm had a risk preference score and the scores in the sample ranged from 5 to 86 where a smaller value represents greater risk aversion. Efficiency estimates were first calculated using traditional input and output measures. Efficiency was re-estimated including the inverse risk preference score as a non-discretionary input. Comparisons were made between the characteristics of the farms with an observed...
Tipo: Presentation Palavras-chave: Cost Efficiency; Revenue Efficiency; Risk Preference; Agribusiness; Farm Management; Production Economics; Risk and Uncertainty; C14; D22; D81.
Ano: 2012 URL: http://purl.umn.edu/124012
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Factors Impacting Farm Growth AgEcon
Villatora, Mario; Langemeier, Michael R..
This paper examined the relative importance of farm size, farm type, managerial ability, capital structure, operator age, family size, and off-farm income in explaining farm growth rates. Farm type, managerial ability, and operator age were significantly related to farm growth rates.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/35547
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Determinants of Cattle Feeding Profit and Cost of Gain Variability AgEcon
Schroeder, Ted C.; Albright, Martin L.; Langemeier, Michael R.; Mintert, James R..
Cattle feeders face risks from fluctuating fed cattle, feeder cattle, and feed prices and cattle performance. Closeout data on 7293 pens of steers are studied to determine the relative impacts of prices and animal performance on cattle feeding profits and cost of gain. Results indicate the importance of managing price risk.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 1993 URL: http://purl.umn.edu/118161
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Marginal Propensity to Consume for a Sample of Kansas Farms AgEcon
Langemeier, Michael R.; Snider, Lindsey.
This paper examined the marginal propensity to consume (MPC) for a sample of Kansas farms. Sensitivity of estimated MPCs to the use of accrual net farm income, net cash farm income, and the inclusion of off-farm income was also examined. Results yielded a range of short-run MPCs from 0.011 to 0.015. Statistical tests suggested that the income coefficients used to compute short-run MPCs were not statistically different.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Consumption; Habit Persistence; Agricultural Finance; Farm Management; E21.
Ano: 2008 URL: http://purl.umn.edu/45971
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AN EFFICIENCY ANALYSIS OF CATTLE BACKGROUNDING IN KANSAS AgEcon
Gow, Laura R.; Langemeier, Michael R..
Efficiency measures can be used to generate inferences about the future direction of the industry and determine factors that may influence the structure. This study evaluated relative efficiencies of Kansas backgrounding operations. Farms that engaged in the backgrounding of cattle were very inefficient. Significant improvement is needed in technology adoption and input usage.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/35701
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CHARACTERISTICS OF HIGHLY EFFICIENT FARMS AgEcon
Langemeier, Michael R.; DeLano, Fredrick D..
A sample of Kansas farms was used to examine the relationship between overall efficiency and farm characteristics. Overall efficiency was significantly related to operator age, farm size, and farm type. Approximately 26.7% of the farms were in the top one-third overall efficiency category for more than half of the sample period.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 1999 URL: http://purl.umn.edu/35671
Registros recuperados: 41
Primeira ... 123 ... Última
 

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