Factors contributing to farm management returns in Kentucky
Nicaise Sheila M. Sagbo,
Yoko Kusunose and
Jonathan D. Shepherd
No 162538, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association
Abstract:
Returns are generally used as a measure of how efficiently a farm is being managed. The objective of this study is to identify factors that contribute to higher farm management returns in Kentucky. Fixed-effects regression and quantile regression reveal that farm size, greater assets, percentage of cash-rented acreage have a positive influence on the management returns. Higher soil productivity ratios, government payments, and liabilities have a negative effect on the management returns. In general, hog and dairy farms yield greater returns to management compared to grain farms. Business orientation positively affects only the returns of high-returns farms.
Keywords: Agricultural Finance; Farm Management (search for similar items in EconPapers)
Pages: 11
Date: 2014-01-15
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162538
DOI: 10.22004/ag.econ.162538
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