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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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| Cainelli, Giulio; Mazzanti, Massimiliano; Zoboli, Roberto. |
| This paper investigates the empirical link between emission intensity and economic growth, using a very large data set of 61,219 Italian manufacturing firms over the period 2000-2004. As a measure of lagged environmental performance (efficiency) at firm level we exploit NAMEA sector for CO2, NOx, SOx data over 1990-1999. The paper tests the extent to which (past) environmental efficiency/intensity, which is driven by structural features and firm strategic actions, including responses to policies, influences firms growth. Our results show, first, a typical trade off generally appearing for the three core environmental emissions we analyse: lower environmentally efficiency in the recent past allows higher degrees of freedom to firms and relax the constraints... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Firm growth; Manufacturing; Emission intensity; Economic performance; Environmental performance; Environmental Economics and Policy; C23; D21; O32; Q55. |
| Ano: 2008 |
URL: http://purl.umn.edu/46656 |
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