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The objective of this study was to identify factors which contributed to the financial performance of 81 selected dairy farms in Tennessee. The study analyzes several measures of financial performance including cash farm income, net farm income, and returns to operator labor and management....
Persistent link: https://www.econbiz.de/10005320190
Vector autoregression was utilized to investigate dynamic relationships existing between prices of purebred bulls and prices of slaughter steers, utility cows, feeder calves, and cow-calf pairs. Results suggest purebred bull prices respond most quickly to an increase in utility cow prices (proxy...
Persistent link: https://www.econbiz.de/10005513203
Self-employment taxes, "effective" marginal tax rates, and discounting schemes which allow for alternative purchase and disposal dates of machinery are incorporated into the traditional optimal replacement interval model. Empirical results indicate that these alterations decrease the optimal...
Persistent link: https://www.econbiz.de/10005798952