@article{Beaton:35229, recid = {35229}, author = {Beaton, Aaron J. and Dhuyvetter, Kevin C. and Kastens, Terry L.}, title = {PER UNIT COSTS TO OWN AND OPERATE FARM MACHINERY}, address = {2003}, number = {1363-2016-107918}, series = {Selected Paper}, pages = {19}, year = {2003}, abstract = {Entropy and jackknife estimation procedures were used to find that custom rates are 20.3% lower than the true cost to own and operate machinery for an average size Kansas farm. A method was then developed to estimate a farms total machinery costs with which to benchmark machinery costs.}, url = {http://ageconsearch.umn.edu/record/35229}, doi = {https://doi.org/10.22004/ag.econ.35229}, }