| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Per Unit Costs to Own and Operate Farm Machinery
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| Autores: |
Beaton, Aaron J.
Dhuyvetter, Kevin C.
Kastens, Terry L.
Williams, Jeffery R.
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| Data: |
2008-09-30
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| Ano: |
2005
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| Palavras-chave: |
Benchmark
Custom rates
Custom work
Entropy
Jackknife
Machinery costs
Production Economics
Productivity Analysis
Q10
Q12
C51
C60
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| Resumo: |
With increasingly thin margins and new technologies, it is important that farm managers know their cost of field operations on a per unit basis (e.g., acre, ton, bale). Accurate per unit costs give confidence when constructing enterprise budgets and evaluating new technologies, such as no-till. Custom rates are often used as a proxy for per unit costs; however, this research, using entropy and jackknife estimation procedures, found that custom rates understate total ownership and operating costs by approximately 25% for an average Kansas farm. Estimates from these models are then used to benchmark actual costs against expected cost.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/43720
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 37, Number 01, April 2005
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| Formato: |
14
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