A farm’s physical investment is affected by its fundamental q and by its financial situation, with the later comprising both the firm’s liquidity and its possibility of facing capital market imperfections. This study determines the effects of government payments, depreciation, and inflation...

This effects of food safety issues on food and agribusiness firm financial risk and return are quantitatively examined using a Bayesian switching model. A capital asset pricing model is estimated to examine the pre- and post-issue on the firm. In addition, the diffusion process on other firms in...

We compare the ability of three preference elicitation methods (hypothetical choices, non-hypothetical choices, and non-hypothetical rankings) and three discrete-choice econometric models (the multinomial logit, the independent availability logit, and the random parameter logit) to predict...

This paper evaluates scale economies and efficiencies for Rural Credit Cooperatives (RCCs) in China using both parametric and nonparametric techniques. Diseconomies of scale and allocative inefficiency are found. The results reveal the need for RCCs to decrease their size and the need for...

This paper examines productivity of a sample of grain marketing and farm supply cooperatives from 1990 to 1998. The cooperative industry’s productivity or growth was mainly due to improvement in technology rather than improvement in pure efficiency or scale. The cooperative...