Economic Survivability of Mississippi Rice Farms: A Deterministic Simulation Approach
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Published:1987-12
Issue:2
Volume:19
Page:163-173
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ISSN:1074-0708
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Container-title:Journal of Agricultural and Applied Economics
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language:en
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Short-container-title:J. Agric. Appl. Econ.
Author:
Salassi Michael E.,Eddleman Bobby R.,Hamill James G.
Abstract
AbstractThis study evaluates the economic survivability of rice farms in the Delta area of Mississippi. A general whole-farm simulation model, FLIPSIM V, is used to simulate the operations of representative rice farms over a 10-year period. Although farm size did not change for any of the representative farms considered, the financial structure of these farms changed considerably. Crop mix was found to cause significant differences in the economic growth and financial viability of rice farms in the region.
Publisher
Cambridge University Press (CUP)
Subject
Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)
Reference29 articles.
1. Costs of On-Farm Rice Drying and Storage Facilities, 1981.;Holder;Arkansas Farm Research,1981
2. Financial Crisis in Agriculture: Discussion
3. Microdynamics of Debt, Drought, and Default in South Georgia
4. Wolfe L. W. “An Analysis of the Impact of Expanded Rice Acreage on the Current and Future Structure of Mississippi's Rice Industry.” M.S. thesis, Mississippi State University, 1980.
Cited by
1 articles.
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