640 research outputs found

    Productivity Divergence across Kansas Farms

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    This study used 30 years of continuous data for 135 farms in Kansas to explore changes in productivity using Malmquist productivity indices (MPI). The indices were used to determine whether there was productivity convergence or divergence in Kansas farms. The results showed there was significant divergence among the farms. The average annual productivity growth was 0.50 percent; the top farms based on MPI were larger in terms of value of farm production, crop farm income, and livestock farm income and received a larger percentage of their income from oilseeds, feed grains, and swine than the other farms on average.convergence, divergence, productivity growth, Production Economics, Productivity Analysis,

    Productivity Divergence Across Kansas Farms

    Get PDF
    This study used 30 years of continuous data for 135 farms in Kansas to explore changes in productivity using Malmquist productivity indices. The indices were used to determine whether there was productivity convergence or divergence in Kansas farms. The results showed that there was significant divergence among the farms and not a tendency for farms to catch-up to the same levels of productivity as the top farms in the sample. The average annual productivity growth over the sample period, 1979-2008, was 0.50 percent. The top farms based on MPI were larger in terms of value of farm production, crop farm income and livestock farm income and received a larger percentage of their income from oilseeds, feed grains, and swine than the other farms on average and relatively less of their income from small grains.Farm Management, Production Economics, Productivity Analysis,

    Zeros of Random Orthogonal Polynomials

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    Let {fj}\{f_j\} be a sequence of orthonormal polynomials where the orthogonality relation is satisfied on either the real line (OPRL) or on the unit circle (OPUC). We study zero distribution of random linear combinations of the formPn(z)=j=0nηjfj(z),P_n(z)=\sum_{j=0}^n\eta_jf_j(z),where {ηj}\{\eta_j\} are random variables. We give quantitative estimates on the zeros accumulating on the unit circle for a wide class of random polynomials PnP_n. When the coefficients {ηj}\{\eta_j\} are independent identically distributed (i.i.d.) real-valued standard Gaussian, we give asymptotics for the expected number of zeros of various classes of random sums PnP_n spanned by OPUC. For the case when the coefficients {ηj}\{\eta_j\} are i.i.d.~complex-valued standard Gaussian coefficients, we derive a formula for the expected number of zeros of PnP_n. The formula is then applied to give asymptotics of the expected number of zeros of PnP_n when {fj}\{f_j\} are from the Nevai class. We also compute the limiting value as nn\rightarrow \infty of the variance of the number of zeros of PnP_n in annuli that do not contain the unit circle for the case when {ηj}\{\eta_j\} are i.i.d.~complex-valued standard Gaussian random variables, and {fj}\{f_j\} are OPUC from the Nevai class. In the case of annuli that contain the unit circle, for a wide class of random variables {ηj}\{\eta_j\} and {fj}\{f_j\} that are OPUC, we give quantitative results that show the variance of the number of zeros of PnP_n scaled by n2n^2 tends to zero as nn tends to infinity. The work is concluded by providing formulas for the variance of the number of zeros of a random orthogonal power series, specifically when j=0ηjfj(z)\sum_{j=0}^{\infty}\eta_j f_j(z), with {ηj}\{\eta_j\} being i.i.d.~complex-valued standard Gaussian, and {fj}\{f_j\} are OPUC from the Szeg\H{o} class
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