Agriculture Reference
In-Depth Information
Table A.5
Summary statistics of farmland contracts: Nebraska and South Dakota (1986)
Independent variables
Mean
Standard deviation
ACRES
445.9
980.8
AGE
4.26
1.68
AGE
2
21.25
12.18
CHANGE
0.13
0.34
CAPITAL
a
30
40
CORN
0.70
0.46
DENSITY
30.2
93.9
FAMILY
0.44
0.50
FARM INCOME
a
2.69
1.37
HIGHVALUE
0.90
0.03
INFORMATION
0.97
0.18
INPUTS
4.70
2.17
INSTITUTION
a
0.10
0.29
IRRIGATED
0.36
0.48
LEASEDACRES
62.10
34.57
MARKET
0.49
0.50
OATS
0.16
0.37
ROW CROP
0.84
0.365
SIZE
946.10
793.30
SOYBEANS
0.49
0.50
VALUE
535.40
257.80
WHEAT
0.45
0.50
YEARS
11.56
10.42
a
Based on the farmer sample.
