Data/hora: 05/06/2024 16:08:31

Provedor de dados: 	31	
País: 	United States	
Título: 	The Role of Small Farms in Structural Change	
Autores: 	Huettel,   Silke; Margarian,   Anne.	
Data: 	2009-08-20	
Ano: 	2009	
Palavras-chave: 	Structural change; Strategic competition; Land market; Markov chain; Land Economics/Use.	
Resumo: 	This paper explains regionally differentiated patterns of structural change based on a theoretical framework dealing with strategic interaction of farms on the land market. The main research question focuses on the causes of regionally persistent structures. An empirical Markov chain model is defined for the West German agricultural sector. Thereby it is possible to explain the probabilities of farm growth, decline or exit in terms of the current and former regional farm size structure. Further, the impact of variables describing the regional farm structure, thereby indicating market power of the large, the potential of high competition for land within a region and possibly high rents of the status quo in combination with sunk costs, is quantified. The results confirm the relevance of strategic interaction as a crucial determinant of regionally different structural change and persistent regional differences in the farm size structure over time.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/52853	
Relação: 	European Association of Agricultural Economists&gt;111th Seminar, June 26-27, 2009, Canterbury, UK

Seminar Paper	
Formato: 	23