Data/hora: 13/06/2024 06:15:41

Provedor de dados: | 31
País: | United States
Título: | Farm-Level Evidence on the Sustainable Growth Paradigm from Grain and Livestock Farms
Autores: | Escalante,   Cesar L.; Turvey,   Calum G.; Barry,   Peter J.
Data: | 2006-06-20
Ano: | 2006
Palavras-chave: | Agricultural finance; Asset turnover; Balanced growth; Capital structure; Panel corrected standard errors; Random-effects model; Sustainable growth challenge; Farm Management; Q14; Q13; D9; Q10; Q11.
Resumo: | This study uses the sustainable growth rate model to investigate, measure, and analyze sustainable growth rates and trends for Illinois farmers. Results of farm-level econometric analyses indicate the relevance of the sustainable growth paradigm in explaining most farm financial decisions made each year. Grain farms have shown a greater tendency to balance growth through adjustments in production efficiencies while livestock farms rely more on financial leveraging strategies. In general, our results have shown that the farm sector has adapted to positive or negative sustainable growth challenges consistent with the Higgins' model and that, from an equilibrium point of view, countercyclical measures of the sustainable growth challenge indicate that there has been always a tendency towards balanced growth.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

22659

http://purl.umn.edu/25329

Editor: | AgEcon Search

Relação:

International Association of Agricultural Economists&gt;2006 Annual Meeting, August 12-18, 2006, Queensland, Australia

Contributed Paper

Formato:

18

application/pdf