The source of productivity growth in Dutch agriculture: a perspective from finance.

From: American Journal of Agricultural Economics | Date: August 1, 2006| Author: Zhengfei, Guan; Lansink, Alfons Oude | Copyright information

In corporate finance, the impact of capital structure on firm performance has been widely studied. This article extends the capital structure study to the situation in agriculture, explicitly addressing the difference between family farms and corporate firms. We use the Malmquist productivity growth index as a proxy for performance to study the impact of capital structure (debt) on farm performance. We compare the results with those from the traditional performance model that uses ...

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