Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Farm-Level Evidence on the Sustainable Growth Paradigm from Grain and Livestock Farms
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Autores: |
Escalante, Cesar L.
Turvey, Calum G.
Barry, Peter J.
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Data: |
2006-06-20
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Ano: |
2006
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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
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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.
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Tipo: |
Conference Paper or Presentation
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Idioma: |
Inglês
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Identificador: |
22659
http://purl.umn.edu/25329
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Editor: |
AgEcon Search
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Relação: |
International Association of Agricultural Economists>2006 Annual Meeting, August 12-18, 2006, Queensland, Australia
Contributed Paper
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Formato: |
18
application/pdf
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