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| Jack, Kevin E.; Knoblauch, Wayne A.; Novakovic, Andrew M.. |
| A combination of a more punitive policy situation and the greater range in size and financial performance in farms, especially across regions, has led to policy-makers focusing more on how new policies or policy proposals affect regions or types of farms, not just the national aggregates or average. While some new research is focusing on the implications of policy changes on farms in different areas and of different sizes, less has been done to improve how one goes about identifying and defining a "representative" farm. The basic objective of this study is to explore the relationship between structural, technical efficiency, and financial performance data for a large sample of New York dairy farms. To what extent are financial or technical performance... |
| Tipo: Working Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1992 |
URL: http://purl.umn.edu/123084 |
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| Jack, Kevin E.. |
| The cost, efficiency, technical and locational factors influencing dairy farm fmancial success were analyzed using records from 384 specialized New York dairy farms. Logistic regression models were constructed for the following size-neutral fmancial performance variables: net farm income per cow; labor and management income per cow; percentage return on equity; and, percentage return on investment. Milk sold per cow, machinery expense per COW, feed expense as a percentage of net milk receipts, hired labor expense per cow, "mailbox" milk price, and percentage of total farm receipts from dairy were the most consistently important explanatory variables. Herd size was inconsistent, statistically significant in only two models. |
| Tipo: Working Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1993 |
URL: http://purl.umn.edu/121340 |
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