ECONOMIC SURVIVABILITY OF MISSISSIPPI RICE FARMS: A DETERMINISTIC SIMULATION APPROACH
Michael E. Salassi,
Bobby R. Eddleman and
James G. Hamill
Southern Journal of Agricultural Economics, 1987, vol. 19, issue 2, 11
Abstract:
This study evaluates the economic survivability of rice farms in the Delta area of Mississippi. A general whole-farm simulation model, FLIPSIM V, is used to simulate the operations of representative rice farms over a 10-year period. Although farm size did not change for any of the representative farms considered, the financial structure of these farms changed considerably. Crop mix was found to cause significant differences in the economic growth and financial viability of rice farms in the region.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:30212
DOI: 10.22004/ag.econ.30212
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