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The Effect of Managerial Ability on Farm Financial Success

Published online by Cambridge University Press:  15 September 2016

Stephen A. Ford
Affiliation:
Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University
J. S. Shonkwiler
Affiliation:
Department of Agricultural Economics, University of Nevada, Reno

Abstract

The effects of managerial ability on farm financial success are analyzed for a 1990 sample of Pennsylvania commercial dairy farms using structural latent variable techniques. Latent factors related to dairy, crop, and financial management are used with herd size to explain farm financial success, measured by net farm income. Results indicate the relative importance of each management variable toward farm financial success.

Type
Articles
Copyright
Copyright © 1994 Northeastern Agricultural and Resource Economics Association 

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