EconPapers    
Economics at your fingertips  
 

ENHANCING THE COMPETITIVENESS AND RISK-EFFICIENCY OF FARM ASSETS THROUGH HOLDING FARM/FINANCIAL ASSET AND OFF-FARM INCOME PORTFOLIOS

Carl Johan Lagerkvist, Mark Gregory and Kent Olson

No 22125, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study employs a dynamic continuous time model to calculate farm and total farm/financial/off-farm investment portfolios. Data are from the Southwestern Minnesota Farm Business Management Association records. Results are derived for classes of farms sorted by farm profitability. It is shown that this categorization of farm assets has a significant impact on the portfolio results as well as on the degree of competitiveness of the farm asset in relation to financial assets. The impact of off-farm income to portfolio selection is modest but found to differ across farm types.

Keywords: Financial; Economics (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://ageconsearch.umn.edu/record/22125/files/sp03la09.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:22125

DOI: 10.22004/ag.econ.22125

Access Statistics for this paper

More papers in 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2019-10-12
Handle: RePEc:ags:aaea03:22125