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Factors contributing to farm management returns in Kentucky

Author

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  • Sagbo, Nicaise Sheila M.
  • Kusunose, Yoko
  • Shepherd, Jonathan D.

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.

Suggested Citation

  • Sagbo, Nicaise Sheila M. & Kusunose, Yoko & Shepherd, Jonathan D., 2014. "Factors contributing to farm management returns in Kentucky," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162538, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162538
    DOI: 10.22004/ag.econ.162538
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    References listed on IDEAS

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    1. Faqir S. Bagi, 1981. "Relationship Between Farm Size and Economic Efficiency: An Analysis of Farm-Level Data from Haryana (India)," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 29(3), pages 317-326, November.
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    Keywords

    Agricultural Finance; Farm Management;

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