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| Registros recuperados: 10 | |
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| Rasmussen, Svend. |
| This paper uses representative farm account data for 1985-2007 to estimate stochastic production frontiers in the form of input distance functions for Danish crop, dairy and pig farms. The objective is to study and compare scale economies for the three farm types. The estimated technical efficiency is relatively constant over time for all three farm types, but the elasticity of scale differs. Although the size of all farm types has increased considerably during the last 20 years, more than 95 % of the crop farms and 85 % of the dairy and pig farms are still below the estimated technical optimal scale of production. The results support the hypothesis that the restrictions concerning the amalgamation of farms and the purchase of farm land have seriously... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Scale economies; Agriculture; SPF; Input distance function; Technical optimal scale; Elasticity of scale; Farm Management. |
| Ano: 2011 |
URL: http://purl.umn.edu/114790 |
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| Fernandez-Cornejo, Jorge; Mishra, Ashok K.; Nehring, Richard F.; Hendricks, Chad; Southern, Malaya; Gregory, Alexandra. |
| The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe the outcomes of such decisions, such as onfarm and off-farm income. This report finds that a farm operator’s off-farm employment and off-farm income vary inversely with the size of the farm. Operators of smaller farm operations improve their economic performance by compensating for the scale disadvantages of their farm business with more off-farm involvement.... |
| Tipo: Report |
Palavras-chave: Off-farm income; Farm households; Economic performance; Managerial time; Scale economies; Scope economies; Technical efficiency; Technology adoption; Farm size; Agricultural Finance; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/7234 |
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| MacDonald, James M.; Ollinger, Michael; Nelson, Kenneth E.; Handy, Charles R.. |
| Meatpacking consolidated rapidly in the last two decades: slaughter plants became much larger, and concentration increased as smaller firms left the industry. We use establishment-based data from the U.S. Census Bureau to describe consolidation and to identify the roles of scale economies and technological change in driving consolidation. Through the 1970's, larger plants paid higher wages, generating a pecuniary scale diseconomy that largely offset the cost advantages that technological scale economies offered large plants. The larger plants' wage premium disappeared in the 1980's, and technological change created larger and more extensive technological scale economies. As a result, large plants realized growing cost advantages over smaller plants, and... |
| Tipo: Report |
Palavras-chave: Concentration; Consolidation; Meatpacking; Scale economies; Structural change; Industrial Organization; Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/34021 |
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| Cattle, Nathan; White, Benedict. |
| The production performance of wheatbelt farms in Western Australia is analysed to determine whether potential to exploit scale economies and improve technical efficiency has driven the trend towards increased farm size. An input-orientated stochastic frontier model is used to estimate technical efficiency and scale economies using an unbalanced panel dataset provided by BankWest for the period 1995/1996 to 2005/2006. Differences in the relative efficiency of farms are explored by the simultaneous estimation of a model of inefficiency effects. The results show the majority of wheatbelt farms operate at high levels of technical efficiency and experience increasing returns to scale. Over the study period farms became bigger to benefit from economies of scale,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Stochastic frontier; Agriculture; Farm size; Scale economies; Technical efficiency; Productivity Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/10392 |
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| Melhim, Almuhanad; O'Donoghue, Erik J.; Shumway, C. Richard. |
| Recent consolidation in agriculture has shifted production toward fewer but larger farms, reshaping business relationships between farmers, processors, input suppliers, and local communities. We analyze growth and diversification of U.S. corn, wheat, apple, and beef farms by examining longitudinal changes in 10 size cohorts through three successive censuses. We fail to reject Gibrat’s law in apple and wheat industries and the mean reversion hypothesis in beef and corn industries. Apple and wheat farms diversify over time. The findings suggest that scale economies diminish for large farms across all four industries and scope economies dominate scale economies for large apple and wheat farms. |
| Tipo: Journal Article |
Palavras-chave: Diversification; Firm growth; Gibrat’s law; Longitudinal data; Scale economies; Scope economies; Agribusiness; Farm Management; Production Economics; Q12. |
| Ano: 2009 |
URL: http://purl.umn.edu/48757 |
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| Registros recuperados: 10 | |
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