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Expected Profit and Farm Characteristics

Author

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  • Burton, Robert O., Jr.
  • Abderrezak, Ali

Abstract

Ordinary least squares is used to test hypotheses about relationships between expected profit and farm characteristics. Results indicate that expected profit may be enhanced by increasing farm size, lease or rental of intermediate and long-term assets, using production and financial inputs efficiently, and hedging.

Suggested Citation

  • Burton, Robert O., Jr. & Abderrezak, Ali, 1988. "Expected Profit and Farm Characteristics," Staff Papers 133733, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:133733
    DOI: 10.22004/ag.econ.133733
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    File URL: https://ageconsearch.umn.edu/record/133733/files/kansas-staff-89-01.pdf
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    References listed on IDEAS

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    1. Ahearn, Mary & Johnson, Jim & Strickland, Roger, 1985. "The Distribution Of Income And Wealth Of Farm Operator Households," 1985 Annual Meeting, August 4-7, Ames, Iowa 278657, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Reimund, Donn A. & Somwaru, Agapi, 1985. "Farm Income by Type of Farm, 1982 and 1983," Agricultural Economic Reports 307989, United States Department of Agriculture, Economic Research Service.
    3. Reinsel, Robert D. & Joseph, Anthony, 1986. "The Financial Condition Of Agriculture: An Income Analysis," Staff Reports 277899, United States Department of Agriculture, Economic Research Service.
    4. Ali, Mir B. & Johnson, Roger G., 1987. "Factors Influencing Economic Success of North Dakota Farms," Agricultural Economics Reports 23352, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Wood, Mark A. & Johnson, Roger G. & Ali, Mir B., 1987. "Performance Factors and Management Practices Related to Earnings of East Central North Dakota Crop Farms," Agricultural Economics Reports 23318, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Joseph, Anthony & Reinsel, Robert D., 1986. "The Financial Condition of Agriculture: An Income Analysis," 1986 Annual Meeting, July 27-30, Reno, Nevada 278072, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Mary Ahearn & Jim Johnson & Roger Strickland, 1985. "The Distribution of Income and Wealth of Farm Operator Households," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(5), pages 1087-1094.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Lai, John & Olynk Widmar, Nicole J. & Gunderson, Michael A. & Widmar, David A. & Ortega, David L., 2018. "Prioritization of farm success factors by commercial farm managers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    2. Foreman, Linda F. & Livezey, Janet S., 2003. "Factors Contributing To Financially Successful Southern Rice Farms," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35215, Southern Agricultural Economics Association.
    3. Mishra, Ashok K. & Tegegne, Fisseha & Sandretto, Carmen L., 2004. "The Impact of Participation in Cooperatives on the Success of Small Farms," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 22(1), pages 1-18.
    4. Mills, Jeffrey B. & Burton, Robert O., Jr. & Dhuyvetter, Kevin C. & Kastens, Terry L., 2001. "What Can A Kansas Farmer Afford To Pay To Rent Cropland?," 2001 Annual meeting, August 5-8, Chicago, IL 20545, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    Keywords

    Farm Management;

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