|
AgEcon Search >
Journal of Agricultural and Applied Economics >
Volume 37, Number 01, April 2005 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/43738
|
| Title: | The Impacts of Farm Financial Structure on Production Efficiency |
| Authors: | Lambert, David K.
Bayda, Volodymyr V. |
| Keywords: | data envelopment analysis
farm credit
farm efficiency
financial structure |
| JEL Codes: | Q1
Q12
Q16 |
| Issue Date: | 2005-04 |
| Abstract: | Farm financial structure may affect both short- and long-run input usage, thereby affecting farm efficiency. Any inefficiencies arising from the choice of inputs can be magnified over time as credit constraints continue to affect input usage. In a panel of 54 North Dakota crop farms, efficiency and debt structure were related. Intermediate debt was found to be positively related to farm technical efficiency, and short-term debt was negatively associated with technical efficiency. Use of intermediate-term debt was positively associated with farm-scale efficiency, whereas no significant relationship was found between short- and long-term debt and scale efficiency. |
| URI: | http://purl.umn.edu/43738 |
| Institution/Association: | Journal of Agricultural and Applied Economics>Volume 37, Number 01, April 2005 |
| Total Pages: | 13 |
| From Page: | 277 |
| To Page: | 289 |
| Collections: | Volume 37, Number 01, April 2005
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| 277-289.pdf | | 966Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
