Download or read book Linking Efficiency Profitability and Growth of Kansas Farms written by Cody O'Brien and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this analysis was to examine the profitability and efficiency of Kansas farms in order to draw inferences among the profitability, efficiency, and growth of agricultural producers in Kansas. The time period analyzed was 2005 to 2015. Farms in the sample include a mix of 564 crop and/or livestock operations with 11 years of continuous data through the Kansas Farm Management Association data-bank. Efficiency scores were calculated to determine how close each farm was to the production possibilities frontier, or their cost efficiency. Profitability measures, (operating profit margin and return on assets), were obtained for each farm. The profitability dynamics in 2014 and 2015 for these farms changed compared to previous years. Crop farms generated less profits in 2014 and 2015 compared to previous years, and relative profits from average fluctuated more for sampled farms in 2014 and 2015. Farms were also categorized into risk classes. These classifications aim at distinguishing farms that are profitable or not, and their level of solvency, utilizing their net farm income from operations and their debt to asset ratio. Farms are migrating from the low risk classification, showing that Kansas farms are becoming less profitable, but are not transitioning to a higher risk solvency state. These farms will need to focus on utilizing their inputs more efficiently to keep their solvency levels in check. After analyzing persistence in profitability, the results suggest that farms with higher return on assets tend to be more solvent, but farms with higher operating profit margin tend to be less solvent. The analysis also suggests that there might have been persistence in profits in the years prior to 2015. The analysis of relative positioning of farms in terms of return on assets suggests that during 2007-2011 some farms were able to consistently differentiate themselves by generating either below or above normal profits. Some farms were able to become more profitable in 2012 and 2013, while others lagged behind supported by regression results that signaled divergence of profitability levels. The relative positioning analysis for operating profit margin indicates that farms had similar operating profit margins from 2010 through 2014, and divergence occurred in 2015 by farms that were able to differentiate themselves more through the average operating profit margin. Next the efficiencies of the farms were examined. Analysis of the efficiency scores suggests that the cost efficiencies of Kansas farms are not explained by risk classification significantly, but the crop-labor percentage ratio significantly explains the cost efficiency of the farms. The relationship between cost efficiency and profitability measures proved to be the strongest out of the three performance measures due to their correlation. The final step in the analysis was to examine farm characteristics of the top performing farms. Farms were ranked by profitability measurements and the efficiency measure. Variables of interest that were significantly different between the top 25 percent and the bottom 25 percent of farms include total farm assets, value of farm production, crop-labor percentage, crop acres, number of workers, and age of operators.
Download or read book Financial Ratio Analysis of Kansas Farms written by Ann Helene Durkes and published by . This book was released on 1998 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Measurement of Productive Efficiency and Productivity Growth written by Harold O. Fried and published by Oxford University Press. This book was released on 2008-02-04 with total page 653 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminal chapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics to agricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.
Download or read book The Relation of Farm Size and Efficiency to Economic Outcomes on Central Kansas Farms written by Dale Alpheus Knight and published by . This book was released on 1968 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook on Data Envelopment Analysis written by William W. Cooper and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data Envelopment Analysis (DEA) is a relatively new “data-oriented” approach for evaluating the performances of a set of entities called Decision- Making Units (DMUs) which convert multiple inputs into multiple outputs. DEA has been used in evaluating the performances of many different kinds of entities engaged in many different kinds of activities in many different contexts. It has opened up possibilities for use in cases which have been resistant to other approaches because of the complex and often unknown nature of the relations between the multiple inputs and outputs involved in many of these activities, which are often reported in non-commeasurable units. DEA has also been used to supply new insights into activities and entities that have previously been evaluated by othermethods. This handbook is intended to represent a milestone in the progression of DEA. Written by experts, who are often major contributors to the topics to be covered, it includes a comprehensive review and discussion of basic DEA models, extensions to the basic DEA methods, and a collection of DEA applications in the areas of banking, education, sports, retail, health care, and a review of current DEA software technology. This handbook’s chapters are organized into three categories: (i) basic DEA models, concepts, and their extensions; (ii) DEA applications; and (iii) xii Preface DEA software packages. The first category consists of eleven chapters.
Download or read book Rural development agriculture and related agencies appropriations for 1991 written by United States. Congress. House. Committee on Appropriations. Subcommittee on Rural Development, Agriculture, and Related Agencies and published by . This book was released on 1990 with total page 1380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporation Farming written by United States. Congress. Senate. Select Committee on Small Business. Subcommittee on Monopoly and published by . This book was released on 1968 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigates the effects of corporate farming on small business and on the economic and social structure of rural America in the Great Plains and upper Midwest. May 20 and 21 hearings were held in Omaha, Nebr., and July 22 hearing was held in Eau Claire, Wis. Includes Committee Print No. 13, "Small Business and the Community -- A Study in Central Valley of California on Effects of Scale of Farm Operations," Dec. 23, 1946 (p. 295-441).
Download or read book Rural Development Agriculture and Related Agencies Appropriations for 1991 Testimony of members of Congress and other interested individuals and organizations written by United States. Congress. House. Committee on Appropriations. Subcommittee on Rural Development, Agriculture, and Related Agencies and published by . This book was released on 1990 with total page 1466 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings written by United States. Congress Senate and published by . This book was released on 1968 with total page 1566 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Role of Giant Corporations written by United States. Congress. Senate. Select Committee on Small Business. Subcommittee on Monopoly and published by . This book was released on 1969 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book In Business written by and published by . This book was released on 1997 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agriculture Rural Development and Related Agencies Appropriations for Fiscal Year 1992 written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on Agriculture, Rural Development, and Related Agencies and published by . This book was released on 1991 with total page 2052 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competitive Problems in the Drug Industry written by United States. Congress. Senate. Committee on Small Business. Subcommittee on Monopoloy and published by . This book was released on 1967 with total page 1466 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporation Farming Hearings Before the Subcommittee on Monopoly of 90 2 on May 20 and 21 July 22 1968 written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1968 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Commercial West written by and published by . This book was released on 1915 with total page 1370 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1972 with total page 1226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book News for Farmer Cooperatives written by and published by . This book was released on 1966 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:
