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The key resource in efficient production is the management input used to coordinate the land, labour and capital. Yet, our understanding of this resource is still somewhat limited, especially the factors involved in improving the managerial ability of farmers. This paper summarises three tests...
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The efficiency of production from a farm’s land, labour and capital is critically dependent on the ability of the farm manager. Yet, while there are studies correlating a wide range of manager-related variables with returns, and, therefore, probably ability, little understanding of the basic...
Persistent link: https://www.econbiz.de/10010910142
Exploratory factor analysis was used to identify approaches to farm management based on a list of management questions posed to a sample of U.S. cash-grain farmers. Three approaches were identified by the factor analysis: price negotiation, long-term cost control, and input adjustment. Estimated...
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Today, there are only about 15,000 black farmers in the United States. Declining by 98 percent since 1920, black farmers have suffered losses attributable to public policy, economic pressures, and racial oppression. All of these factors must be addressed if African-American farmers are to...
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