000013411 001__ 13411
000013411 005__ 20170823194724.0
000013411 037__ $$a1701-2016-139230
000013411 041__ $$aen
000013411 245__ $$aARE LARGE FARMS MORE EFFICIENT?
000013411 260__ $$c1997
000013411 269__ $$a1997
000013411 300__ $$a15
000013411 336__ $$aWorking or Discussion Paper
000013411 446__ $$aEnglish
000013411 490__ $$aStaff Paper P97-02
000013411 520__ $$aAccurate 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.
000013411 650__ $$aFarm Management
000013411 650__ $$aProductivity Analysis
000013411 700__ $$aPeterson, Willis L.
000013411 8564_ $$s36040$$uhttp://ageconsearch.umn.edu/record/13411/files/p97-02.pdf
000013411 887__ $$ahttp://purl.umn.edu/13411
000013411 909CO $$ooai:ageconsearch.umn.edu:13411$$qGLOBAL_SET
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p97-02.pdf: 47106 bytes, checksum: d5c9ceb65412944dbc653f08ad00ed42 (MD5)
  Previous issue date: 1997
000013411 982__ $$gUniversity of Minnesota>Department of Applied Economics>Staff Papers
000013411 980__ $$a1701