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Registros recuperados: 41 | |
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Hopkins, Jeffrey W.; Morehart, Mitchell J.. |
We implement stochastic frontier analysis techniques to show the effects of information technology use on firm efficiency. Results from a sample of 1,865 U.S. cash grain farms reveals that information technology use within the farm business moved farms significantly towards the efficiency frontier. Also moving farms towards the efficiency frontier were the use of written long-term plans, advanced input acquisition strategies, and increased farm labor hours relative to total labor hours. In contrast, an increase in the debt to asset ratio was associated with movements away from the efficiency frontier. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
Ano: 2002 |
URL: http://purl.umn.edu/19759 |
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Claassen, Roger; Morehart, Mitchell J.. |
A multitude of design decisions influence the performance of voluntary conservation programs. This Economic Brief is one of a set of five exploring the implications of decisions policymakers and program managers must make about who is eligible to receive payments, how much can be received, for what action, and the means by which applicants are selected. In particular, this Brief focuses on potential tradeoffs in combining income support and environmental objectives in a single program. |
Tipo: Report |
Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/34097 |
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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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Harris, James Michael; Williams, Robert P.; Morehart, Mitchell J.; Erickson, Kenneth W.; Mishra, Ashok K.. |
The financial health of the agricultural economy has been excellent for the past few years, especially with farm income reaching record levels. However, the U.S. economy has experienced a recession and a credit crisis. Although the U.S. farm sector has been mostly shielded from the economic downturn, farm financial stress is still possible under current conditions. Are some U.S. farm businesses, especially those with term debt, poised to experience significant financial stress in 2010? We use the Agricultural Resource Management Survey (ARMS), sponsored jointly by USDA’s Economic Research Service (ERS) and National Agricultural Statistical Service, to help answer this question. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Off-farm income; Farm investment; Double hurdle; Agricultural Finance; Financial Economics; D1; J2. |
Ano: 2010 |
URL: http://purl.umn.edu/61528 |
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El-Osta, Hisham S.; Morehart, Mitchell J.. |
Technology adoption in dairy production allows for higher milk yield and lower per-unit costs. The importance of herd expansion and other factors to adoption was examined using a multinomial logit model and data from the USDA's 1993 Farm Costs and Returns Survey. Predicted probabilities of adoption were used to simulate the effect of herd expansion on milk production. Results identified age, size, and specialization in dairy production as important in increasing the likelihood of adopting a capital-intense technology. Education and size of operation positively impacted the decision to adopt a management-intense technology. Age, education, credit reserves, size, and increased usage of hired labor positively influenced the decision to adopt a combined... |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Research and Development/Tech Change/Emerging Technologies. |
Ano: 1999 |
URL: http://purl.umn.edu/31495 |
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El-Osta, Hisham S.; Morehart, Mitchell J.. |
This paper examines the role of the life cycle in impacting the distribution of a combined income and wealth measure using data from the 2001 and 2006 Agricultural Resource Management Survey. Such an assessment is made using both graphical representation of the distribution of the well-being measure along with utilization of the social welfare decomposition procedure. Results show a mild yet statistically insignificant improvement in the distribution of the economic measure over the five-year period. Contribution to social welfare is found highest among the cohort where the age of the head of household is between 45 and 54 years. Targeted programs are found to enhance social welfare if they are aimed towards cohorts where the age of the head of household... |
Tipo: Journal Article |
Palavras-chave: ARMS; Economic well-being; Gini coefficient; Lorenz curve; Welfare decomposition; Consumer/Household Economics. |
Ano: 2009 |
URL: http://purl.umn.edu/55705 |
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Registros recuperados: 41 | |
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