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TECHNICAL AND FINANCIAL SUSTAINABILITY IN SCOTTISH AGRICULTURE AgEcon
Santarossa, John M..
This paper presents results of estimates of both the financial robustness and the technical efficiency of a representative sample of Scottish farms. Emphasis was placed on those factors that impact on long-term sustainability in order to identify those effects that may be characterised as having a high propensity to further increase the vulnerability of the sector. The aim was further one of providing focussed knowledge that might steer the policy decision making process towards potential targets of importance. Series of financial indicators were modelled to assess the financial health of each farm in the sample as well as predicting the future viability of each enterprise. Further, physical and financial data were employed to ascertain the technical...
Tipo: Working or Discussion Paper Palavras-chave: Technical efficiency; Financial distress; Risk measurement; Diversification.; Agricultural Finance.
Ano: 2003 URL: http://purl.umn.edu/11829
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