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The Effect of Managerial Ability on Farm Financial Success

Stephen A. Ford and J Shonkwiler

Agricultural and Resource Economics Review, 1994, vol. 23, issue 2, 150-157

Abstract: The effects of managerial ability on farm financial success are analyzed for a 1990 sample of Pennsylvania commercial dairy farms using structural latent variable techniques. Latent factors related to dairy, crop, and financial management are used with herd size to explain farm financial success, measured by net farm income. Results indicate the relative importance of each management variable toward farm financial success.

Date: 1994
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