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| Registros recuperados: 38 | |
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| Peterson, Willis L.. |
| The major objective of this paper is to develop a cross section land quality index for the United States that hopefully overcomes one of the problems inherent in the most common land quality index presently used. After adjusting agricultural land for quality, a cross section, quality constant, U.S. land price index also is constructed. Lastly the weights obtained in constructing the U.S. land quality index are utilized to construct an international cross section land quality index for the world. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
| Ano: 1984 |
URL: http://purl.umn.edu/14151 |
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| Peterson, Willis L.. |
| Accurate estimates of returns to scale require that inputs and output are measured without error and that environmental and managerial differences among firms of varying sizes are taken into account. Measurement problems affecting estimates of returns to scale in agriculture include: (1) combining the farm dwelling with capital inputs, (2) correlation of environmental and management characteristics with size and (3) the effect of off-farm employment on small farm output and production costs. Estimates of long run average total cost curves for farms in the corn belt reveal that after the above factors are taken into account, estimated scale economies in agriculture disappear, while there is evidence of diseconomies as farm size increases. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management; Productivity Analysis. |
| Ano: 1997 |
URL: http://purl.umn.edu/13411 |
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| Kislev, Yoav; Peterson, Willis L.. |
| It is generally accepted that agricultural production is characterized by increasing returns to scale. In this paper we examine the evidence allegedly supporting this assertation and come to the conclusion that the hypothesis of increasing returns is not warranted. The essence of our argument is that if increasing returns were important we would have seen huge "food factories" dominating the industry. Instead, the dominating form of organization is the family unit and farms come in a multitude of sizes--as can be expected in a constant cost industry. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization. |
| Ano: 1991 |
URL: http://purl.umn.edu/13652 |
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| Registros recuperados: 38 | |
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