APPROACHES TO MANAGEMENT AND FARM BUSINESS SUCCESS

William McBride and James D. Johnson

No 20131, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Exploratory factor analysis was used to analyze responses to management questions asked a sample of U.S. cash grain farmers. Results indicate that 3 factors described farm management approaches, price negotiation, long-term cost control, and input adjustment. Price negotiation was positively associated with farm business success, but the input adjustment approach had a negative impact on farm performance.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 28
Date: 2004
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20131

DOI: 10.22004/ag.econ.20131

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