Measures of capital services are used in studies of production and to inform policies related to growth and development. A variety of methods have been used to measure capital stocks and service flows. In this study we review methods commonly used to measure capital service flows, and outline...

This is a substantially revised version of “Capital Service Flows: Concepts and Comparisons of Alternative Measures in U.S. Agriculture.” Andersen, Matt A.; Alston, Julian M.; Pardey, Philip G., St. Paul, MN: University of Minnesota, Department of Applied Economics; University of Minnesota,...

First Annual Conference on Agricultural Policy and the Environment; Proceedings of a Conference Sponsored by University of Minnesota, Center for International Food and Agricultural Policy; Agricultural Development Regional Agency (ESAV); University of Padova, Motta di Livenza, Italy, June 19-23,...

The average net farm income was $113,462 for the 46 farms included in the 2004 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 32% from 2003. In constant dollars, 2004 was the most profitable year for association members in over twenty...

This paper attempts to provide some information for the "prudent" manager to consider as he plans farming operations for the 1980's. First, some suggested farm planning prices, then some observations on expected trends in ag profitability for each of the major types of farms in the five state...