The oft-observed inverse relationship between farm size and productivity is generally explained by labor market imperfections. Although other explanations exist (e.g., size-sensitive cropping patterns and variable soil quality), the literature ignores uncertainty as an explanation. Using a simple two-period model of an agricultural household that both produces and consumes under price uncertain...

The purpose of this research was socioeconomicanalysis of farms using primary data in two villages of Mymensingh Sadar. A total of 60 farms including 20 small, 20 medium and 20 large were randomly selected for the study. Socioeconomic analysis showed that indebtedness was higher in large farms than those of small and medium ones. Large farms also engaged more in farm activities than others. All...

The study used Cobb-Douglas stochastic profit function to estimate farm-level profit function, economic efficiency and it determinants among homestead based cassava farmers in the south-south region of Nigeria. Two-stage random sampling method was used to select 300 homestead based cassava farmers in the study area. Maximum likelihood estimates of the specified models reveal an average economic...

The study examined the effect of women led self help group on micro-financing of farms in Isuikwuato Local Government Area of Abia State, Nigeria. Purposive and multistage random sampling technique was employed for collecting data from one hundred and twenty (120) women farmers in women led self help group by using structured interview schedule. The data were analyzed using descriptive statisti...

The distribution of blockbuster punitive damages awards has fat tails similar to the distributions of losses from natural disasters. Extremely large awards occur more often and are more difficult to predict than if blockbuster awards were distributed normally. The size and predictability of awards are important factors in the U.S. Supreme Court’s decisions on punitive damages. This article exam...

Rollover protective structures (ROPS) are an effective engineering control known to prevent tractor overturn deaths, the leading cause of occupational fatalities for farmers and farm workers in the U.S. However, the use of ROPS is known to vary greatly from farm to farm. A national sample of 11,458 farm operators from the 2004 Occupational Injury Surveillance of Production Agriculture (OISPA) s...

Automatic milking systems (AMS) offer relief from the demanding routine of milking. Although many AMS are in use in Europe and a few are used in the United States, the potential benefit for American farms is uncertain. A farm-simulation model was used to determine the long-term, whole-farm effect of implementing AMS on farm sizes of 30 to 270 cows. Highest farm net return to management and unpa...

Honduras has established itself as the leading producer of pond-raised shrimp in Central America. Although this activity already represents the third staple of the national economy, relatively few economic analyses have been conducted to date. For this study, data on production of farm-raised shrimp were collected from 21 farms. Data are from the year 1997. Information was collected on technica...

to investigate factors affecting the adoption of conservation tillage systems, the tillage methods utilized by wheat producers in the central darab county are categorized into conventional, reduced-tillage and no tillage systems. for this purpose, multinomial logit model approach using the stata software was applied to the data set collected by random cluster sampling method. the explanatory va...