Economies of Size in Wheat Production

This paper investigates the relationship between the cost of producing wheat and the size of the wheat enterprise on farms in the Boolooroo Shire of New South Wales. The impact of seasonal variation and new technology on the cost/size relationship is also examined. The estimated longrun cost functions suggest that significant cost economies may be achieved as the area sown to wheat on a farm in the region concerned is increased to approximately 1,000 acres.


Issue Date:
1972-06
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/9617
Published in:
Review of Marketing and Agricultural Economics, Volume 40, Number 02
Page range:
53-66
Total Pages:
14




 Record created 2017-04-01, last modified 2017-04-04

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