Agriculture Reference
In-Depth Information
Table A.2
Definition of independent variables
Independent variables
ABSENT
=
1 if landowner lived in county different than contracted land; = 0 otherwise.
ACRES
=
number of acres covered by contract.
ACRES OWNED
=
percentage of farmed acres that are owned by the farmer.
AGE
=
farmer's age in years (categorical for Nebraska and South Dakota).
BEEF
=
1 if farm livestock are beef cattle;=0ifnobeef cattle.
BC
=
1 if the farm is located in British Columbia;=0iflocated in Louisiana.
BUILDING VALUE
=
total value in $1,000s of all owned buildings multiplied by the equity in the farm.
BUILDING AGE
=
age in years.
BUILDING SIZE
=
square foot of building.
CAPITAL
=
total capital assets (buildings, land and equipment) in $100,000.
CORN
a
=
1 if corn was the major income producing crop;=0ifnot.
CHANGED PARTIES
=
1 if contracting parties have changed in past five years;
=
0 if they have not changed.
COUNTY CV
=
coefficient of variation for crop yield in a county.
COUNTY MEAN
=
mean crop yield in a county.
COUNTY STD
=
standard deviation of crop yield in a county.
CROP VALUE
=
value of crop in dollars.
CYCLES
>
1
=
fraction of farmland in crops that have more than one cycle.
CYCLES
<
1
=
fraction of farmland in crops that have fewer than one cycle.
DAIRY
=
1 if farm livestock are dairy cattle;=0ifnodairy cattle.
DENSITY
=
population per square mile in the county of farm operation.
EDUCATION
=
years of formal schooling.
EQUIPMENT VALUE
=
total value in $1,000s of all owned equipment multiplied by the equity in the farm.
FAMILY
=
1 if landowner and farmer were related.
FAMILY FARM
=
1 if the farm is owned and operated by the family farmer;
=
0 if not a family farm.
FARM INCOME
=
1 if less than 30% of total income comes from farming,
=
2 if between 30% and 49%,
=
3 if between 50% and 80%,
=
4 if more than 80%.
FARM SALES
=
gross revenue for 1992 in $100,000 of sales.
FULLTIME
=
1 if the operator is a full-time farmer;=0ifnotafull-time farmer.
FUTURES MARKET
=
1 if there is an organized futures market for the crop (barley, canola, cotton, corn,
oats, rice, soybeans, sugar, wheat);
=
0 if there is no futures market.
GENERAL BUILDINGS
=
1 if building was a house or garage;=0ifnot.
GRAINS
=
1 if crop is wheat, barley, oats, or other small grain; = 0 otherwise.
GRASS
=
1 if alfalfa, brome, or native hay; = 0 otherwise.
HAY
=
1 if hay or other grass crops were the major income-producing crops;
=
0 otherwise.
HIGHVALUE
=
1 if crops were irrigated or were row crops; = 0 otherwise.
INPUTS CHANGED
=
1 if share of inputs changed in past five years;
=
0 if there was no change.
INPUTS
=
the number of inputs where the farmer pays all costs.
INFORMATION
=
1 if parties knew each other prior to lease; = 0 parties are new.
IRRIGATED
=
1 if land is irrigated;=0ifdryland.
IRRIGATION
=
fraction of land plot that is irrigated.
INSTITUTION
=
1 if the landowner is an institution (available only for Nebraska and South
Dakota farmer samples);
=
0 if landowner is an individual.
