英文文献:Wealth, Debt, Government Payments, and Yield Performance-财富、债务、政府支付和收益表现
英文文献作者:Girante, Maria Joana,Goodwin, Barry K.,Featherstone, Allen M.
英文文献摘要:
We use a large sample of Kansas Farm Management Association farms for eight different crop/practice combinations (dryland and irrigated corn, sorghum, soybeans, and wheat) for 1994 through 2006 to evaluate the determinants of relative yield performance and explore the ability of financial variables to account for some of the remaining unexplained variation. Our hypothesis is that more financially sound farms should be able to implement better production techniques, thus have better yields. We further test whether decoupled payments can be used to enhance yield performance. Our hypothesis is that payments may be used to boost investment in inputs or equipment that can lead to better yields. Our results suggest this could be the case.
我们使用一个大样本的堪萨斯农场管理协会农场八个不同的作物/练习组合(旱地和灌溉玉米、高粱、大豆和小麦)为1994年到2006年评估相对产量性能的决定因素,探索金融变量的能力占其余的一些无法解释的变异。我们的假设是,财务状况更好的农场应该能够采用更好的生产技术,从而获得更好的产量。我们进一步测试了脱钩支付是否可以用来提高收益表现。我们的假设是,支付可以用于提高投入或设备的投资,从而带来更好的收益。我们的结果表明情况可能是这样的。


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