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Successful Dairy Farm Debt Management Strategies

Jonas B. Kauffman and Loren Tauer

No 185991, Staff Papers from Cornell University, Department of Applied Economics and Management

Abstract: Stochastic dominance was used to group 112 dairy farms based upon 10 years of returns to equity capital. Debt strategies of farms partitioned by first-degree stochastic dominance were similar. Second-degree efficient farms were consistently less indebted. Compared to 1974-1978, debt management during 1979-1983 was more important for high return rates.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 16
Date: 1985-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudasp:185991

DOI: 10.22004/ag.econ.185991

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