The Impacts of Farm Financial Structure on Production Efficiency

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dc.creatorLambert, David K.
dc.creatorBayda, Volodymyr V.
dc.date2017-04-01T17:34:41Z
dc.date.accessioned2026-07-09T04:33:36Z
dc.descriptionFarm financial structure may affect both short- and long-run input usage, thereby affecting farm efficiency. Any inefficiencies arising from the choice of inputs can be magnified over time as credit constraints continue to affect input usage. In a panel of 54 North Dakota crop farms, efficiency and debt structure were related. Intermediate debt was found to be positively related to farm technical efficiency, and short-term debt was negatively associated with technical efficiency. Use of intermediate-term debt was positively associated with farm-scale efficiency, whereas no significant relationship was found between short- and long-term debt and scale efficiency.
dc.identifierdoi:10.22004/ag.econ.43738
dc.identifierhttps://ageconsearch.umn.edu/record/43738/files/277-289.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43738
dc.identifier.urihttp://hdl.handle.net/123456789/551706
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43738
dc.titleThe Impacts of Farm Financial Structure on Production Efficiency
dc.typeText

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