{"id":{"repo_id":"vt","oai_identifier":"oai:vtechworks.lib.vt.edu:10919/101431"},"canonical_url":"https://search.dev.ndltd.org/etd/vt/oai:vtechworks.lib.vt.edu:10919/101431","repository":{"repo_id":"vt","name":"Virginia Tech","base_url":"https://vtechworks.lib.vt.edu/oai/request"},"display":{"title":"A multiperiod linear programming model of farm growth and bmp adoption in southeastern Virginia","abstract":"Firm growth and best management practice (BMP) adoption of a representative, diversified, southeastern Virginia, farrow to finishing hog farm is examined in a multi-period linear programming framework. Specific attention is focused on the acquisition of additional productive resources and the impact of BMP adoption on the optimal combinations of crop and livestock activities over a five year planning horizon. The maximization of after-tax net income was employed as the objective function of the model. Increases in terminal net worth were transferred to the objective function at the end of the planning period. Two sets of model solutions were obtained; one set with cost-share subsidies and the other without. Results indicate that farm growth potential exists with or without cost-share subsidies and that the current high costs of external capital tend farmers toward use of internal financing. The availability of labor during peak periods ultimately constrained the growth process. The specific direction of the modeled farm's growth led to the investment in a totally confined slatted-floor house means of hog production. The model demonstrated a decic;!ed preference for the use of investment tax credits over the direct expense deduction provision of the federal income tax code. In general, sod filter strips, grassed waterways and no-till cropping proved to be the most cost-effective BMPs in achieving nonpoint source pollution objectives.","abstract_html":"Firm growth and best management practice (BMP) adoption of a representative, diversified, southeastern Virginia, farrow to finishing hog farm is examined in a multi-period linear programming framework. Specific attention is focused on the acquisition of additional productive resources and the impact of BMP adoption on the optimal combinations of crop and livestock activities over a five year planning horizon. The maximization of after-tax net income was employed as the objective function of the model. Increases in terminal net worth were transferred to the objective function at the end of the planning period. Two sets of model solutions were obtained; one set with cost-share subsidies and the other without. Results indicate that farm growth potential exists with or without cost-share subsidies and that the current high costs of external capital tend farmers toward use of internal financing. The availability of labor during peak periods ultimately constrained the growth process. The specific direction of the modeled farm's growth led to the investment in a totally confined slatted-floor house means of hog production. The model demonstrated a decic;!ed preference for the use of investment tax credits over the direct expense deduction provision of the federal income tax code. In general, sod filter strips, grassed waterways and no-till cropping proved to be the most cost-effective BMPs in achieving nonpoint source pollution objectives.","abstract_has_math":false,"creators":["Faulkner, David Linzey"],"institution":"Virginia Polytechnic Institute and State University","degree_name":"M.S.","degree_level":"masters","degree_discipline":"Agricultural Economics","degree_department":"Agricultural Economics","school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":1983,"date_issued":"1983","date_published":"1983","updated_at":"2026-07-22T22:19:03Z","subjects":[],"languages":["en"],"rights":["In Copyright"],"rights_urls":["http://rightsstatements.org/vocab/InC/1.0/"],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/10919/101431","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.department","label":"Department","values":["Agricultural Economics"]},{"key":"dc:creator","label":"Author","values":["Faulkner, David Linzey"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2020-12-15T19:11:34Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2020-12-15T19:11:34Z"]},{"key":"dc:date.issued","label":"Date","values":["1983"]},{"key":"dc:publisher","label":"Institution","values":["Virginia Polytechnic Institute and State University"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"dc:type.dcmitype","label":"Dc Type Dcmitype","values":["Text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Agricultural Economics"]},{"key":"thesis:degree_level","label":"Degree Level","values":["masters"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["Virginia Polytechnic Institute and State University"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["In Copyright"]},{"key":"dc:rights.uri","label":"Rights URI","values":["http://rightsstatements.org/vocab/InC/1.0/"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/10919/101431"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["Firm growth and best management practice (BMP) adoption of a representative, diversified, southeastern Virginia, farrow to finishing hog farm is examined in a multi-period linear programming framework. Specific attention is focused on the acquisition of additional productive resources and the impact of BMP adoption on the optimal combinations of crop and livestock activities over a five year planning horizon. The maximization of after-tax net income was employed as the objective function of the model. Increases in terminal net worth were transferred to the objective function at the end of the planning period. Two sets of model solutions were obtained; one set with cost-share subsidies and the other without. Results indicate that farm growth potential exists with or without cost-share subsidies and that the current high costs of external capital tend farmers toward use of internal financing. The availability of labor during peak periods ultimately constrained the growth process. The specific direction of the modeled farm's growth led to the investment in a totally confined slatted-floor house means of hog production. The model demonstrated a decic;!ed preference for the use of investment tax credits over the direct expense deduction provision of the federal income tax code. In general, sod filter strips, grassed waterways and no-till cropping proved to be the most cost-effective BMPs in achieving nonpoint source pollution objectives."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["M.S."]},{"key":"dc:format.mimetype","label":"Dc Format Mimetype","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["A multiperiod linear programming model of farm growth and bmp adoption in southeastern Virginia"]}]}],"canonical_facts":{"dc:contributor.department":["Agricultural Economics"],"dc:creator":["Faulkner, David Linzey"],"dc:date.accessioned":["2020-12-15T19:11:34Z"],"dc:date.available":["2020-12-15T19:11:34Z"],"dc:date.issued":["1983"],"dc:description.abstract":["Firm growth and best management practice (BMP) adoption of a representative, diversified, southeastern Virginia, farrow to finishing hog farm is examined in a multi-period linear programming framework. Specific attention is focused on the acquisition of additional productive resources and the impact of BMP adoption on the optimal combinations of crop and livestock activities over a five year planning horizon. The maximization of after-tax net income was employed as the objective function of the model. Increases in terminal net worth were transferred to the objective function at the end of the planning period. Two sets of model solutions were obtained; one set with cost-share subsidies and the other without. Results indicate that farm growth potential exists with or without cost-share subsidies and that the current high costs of external capital tend farmers toward use of internal financing. The availability of labor during peak periods ultimately constrained the growth process. The specific direction of the modeled farm's growth led to the investment in a totally confined slatted-floor house means of hog production. The model demonstrated a decic;!ed preference for the use of investment tax credits over the direct expense deduction provision of the federal income tax code. In general, sod filter strips, grassed waterways and no-till cropping proved to be the most cost-effective BMPs in achieving nonpoint source pollution objectives."],"dc:description.degree":["M.S."],"dc:format.mimetype":["application/pdf"],"dc:identifier.uri":["http://hdl.handle.net/10919/101431"],"dc:language.iso":["en"],"dc:publisher":["Virginia Polytechnic Institute and State University"],"dc:rights":["In Copyright"],"dc:rights.uri":["http://rightsstatements.org/vocab/InC/1.0/"],"dc:title":["A multiperiod linear programming model of farm growth and bmp adoption in southeastern Virginia"],"dc:type":["Thesis"],"dc:type.dcmitype":["Text"],"thesis:degree_discipline":["Agricultural Economics"],"thesis:degree_level":["masters"],"thesis:degree_name":["M.S."],"thesis:institution_name":["Virginia Polytechnic Institute and State University"]},"updated_at":"2026-07-22T22:19:03Z"}