Purpose – Understanding complex farming organizations is important in the USA given the rapid consolidation of the agricultural production sector. Multiple entity farms arise from a desire to enhance the ability to transfer the farm from one generation to the next, a desire to affect tax...

Purpose – The purpose of this paper is to examine the effect of credit constraints on agricultural productivity in China. Design/methodology/approach – Using data from a rural financial survey, a switching regression model is used to account for endogeneity and heterogeneity. Carter presents...

The structure of U.S. agriculture is a topic of relevance to farmers, policy makers, farm organizations, and academics. Over the last century, farm financial structure issues have become extremely important as the United States moved from an agrarian economy to a more industrialized one....

This study investigates factors related to loan approval, disbursement, repayment, and loan rationing among 1,012 farmers in the Rural Farmers Scheme (RFS), Uganda, between 1987 and May 1995. Results indicate that women had a higher loan approval rate and loan repaid/loan borrowed ratio than...

Agricultural lenders in today’s environment face many challenges when evaluating the creditworthiness of farm borrowers. To address these challenges, a survey was conducted with financial institutions in Kansas and Indiana where agricultural lenders were asked for their responses to...

Given the importance of land valuation to various stakeholders, the objective of this research is to estimate a theoretically sound model to model the market value of land in Kansas, accounting for urban influence and site specific characteristics. The model is estimated using data on all sales...

Structural breaks have been found to have large effects on optimal investment allocations. This analysis empirically tests for a structural break and then evaluates the impact the break has on the optimal allocation of agricultural and nonagricultural investments using a mean‐variance model....

The crop insurance purchase decision for a group of Kansas farmers is analyzed using farm‐level data from the 1990s, a period that experienced many changes in the federal crop insurance program. Results indicate a reduction in the elasticity of the demand for crop insurance with respect to...

Off‐farm investment decisions of farm households are analyzed. Farm‐level data for a sample of Kansas farms observed from 1994 through 2000 are utilized. A system of censored dependent variable models is estimated to investigate the factors that influence the composition of farm...