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Registros recuperados: 102 | |
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Olson, Kent D.; Elisabeth, Pascal. |
The full impact of an investment in a management information system (MIS), such as precision agriculture (PA), comes from improved managerial decision making throughout the whole farm and not just from improvements in a specific part of the farm. This study was conducted to determine whether the adoption of PA had a positive impact on whole-farm profitability. To overcome problems of simultaneity and self-selection in the adoption decision of PA, this study used a two stage econometric model using data from farms in Southwest Minnesota. The PA adoption decision was evaluated in the first stage, and the impact of adopting PA was evaluated in the second stage. The whole farm rate of return to assets (ROA) was used to measure the impact of PA. For all 212... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Precision agriculture; Economics; Adoption; Profitability; Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/22119 |
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Westra, John V.; Olson, Kent D.. |
The state of Minnesota seeks to reduce phosphorus loading to the Minnesota River by 40% from current levels. The state agency charged with achieving this reduction has indicated each watershed should reduce its current phosphorus loading by 40%. We hypothesized that policies targeting specific practices or regions would have a smaller negative impact on farm income than policies requiring every nonpoint polluter to reduce its contribution by 40%. Using a stylized version of one major watershed in the river basin as an example, we analyzed the cost-effectiveness of various nonpoint pollution reduction policies. We simulated current and alternative farming systems (designed to reduce phosphorus loading by changing tillage or fertilizer practices) in... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2001 |
URL: http://purl.umn.edu/20653 |
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Andersson, Hans; Olson, Kent D.. |
Many states have farm record associations which collect individual farm data. This data are used for research, extension, and teaching purposes. However, since membership in the associations is voluntary, the question arises whether the members are representative of the population of all farmers in that area. This study compares farm record data collected through the Southeastern and Southwestern Minnesota Farm Business Management Associations (FBMA) and data obtained through the USDA's Farm Costs and Returns Survey (FCRS). Both data sets were for 1987. By design, the FCRS survey is not subject to the self-selection bias that may occur in the FBMA data. The objectives of this study are to: (1) determine which farm characteristics are statistically the same... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 1992 |
URL: http://purl.umn.edu/13084 |
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Registros recuperados: 102 | |
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