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Wealth, Debt, Government Payments, and Yield Performance

Maria Joana Girante (), Barry Goodwin () and Allen Featherstone
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Maria Joana Girante: Universidade do Minho - NIPE, http://joana.girante.googlepages.com/home

No 15/2009, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: We use a large sample of Kansas Farm Management Association farms for eight different crop/practice combinations (dryland and irrigated corn, sorghum, soybeans, and wheat)for 1994 through 2006 to evaluate the determinants of relative yield performance and explore the ability of financial variables to account for some of the remaining unexplained variation. Our hypothesis is that more financially sound farms should be able to implement better production thecniques, thus have better yields. We further test whether decoupled payments can be used to enhance yield performance. Our hypothesis is that payments may be used to boots investment in inputs or equipament that can lead to better yields. Our results suggest this could be the case.

Keywords: yield performance; decoupled payments. (search for similar items in EconPapers)
JEL-codes: Q17 Q18 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-agr
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