Farms {sfadv}

Data set of farm accountancy data

Description

The Farms data frame contains simulated data for 2,500 dairy farms.

Usage

Farms

Format

This data frame contains the following 14 variables:

farm_output	Farm total output, in constant Euros.
agri_land	Farm agricultural area, in hectares.
tot_lab	Total labour used on the farm, in hours.
tot_asset	Total assets of the farm (excluding land), in constant Euros.
LFA	Dummy variable indicating whether the farm is located within a
	Less Favoured Area (1) or not (0).
hired_lab	Ratio of the farm hired labour to total labour (tot_lab).
rented_land	Ratio of the farm rented land to agricultural area (agri_land).
debt_asset	Ratio of the farm total debts to total assets.
costs	Costs of variable inputs used on the farm, in constant Euros.
subs	Amount of the farm production subsidies received per hectare of agricultural area
	(agri_land), in constant Euros.
region	Factor variable representing the administrative region of the farm.
milkprice	Average farm milk price per ton of milk, in constant Euros.
price_ind	National yearly price index of variable inputs.
T	Time trend.

Source

Simulated farmers' accountancy data

Examples

head(Farms)
str(Farms)
summary(Farms)
  
lm.output <- lm(farm_output ~ agri_land + tot_lab + tot_asset + costs, data = Farms)
summary(lm.output)