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On The Growth Of The Agricultural Firm

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  • Jarrett, Frank G.

Abstract

Theoretical problems involved in the reconciliation of the assumption of constant returns to scale with determinacy of firm size are discussed with particular reference to Australian farms. Various techniques for examining changes in the size distribution of firms are examined and their use demonstrated. The work is stochastic rather than deterministic. B.A.E. sheep industry survey data is used and flock size is used as the measure of farm size. The results do not suggest that inequality in the distribution of farm sizes is increasing. Growth differs between flock sizes within the same region and for the same flock size between regions. Profitability seems to be relatively larger in the medium flock sizes.

Suggested Citation

  • Jarrett, Frank G., 1968. "On The Growth Of The Agricultural Firm," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 1-15, December.
    • Handle: RePEc:ags:ajaeau:22698
    DOI: 10.22004/ag.econ.22698
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    Citations

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    Cited by:

    1. Heath Henderson & Leonardo Corral & Eric Simning & Paul Winters, 2015. "Land Accumulation Dynamics in Developing Country Agriculture," Journal of Development Studies, Taylor & Francis Journals, vol. 51(6), pages 743-761, June.
    2. Baker, C.B. & Barry, Peter J. & Lee, Warren F. & Olson, Carl E. & Hochman, Eithan & Rausser, Gordon S. & Kottke, Marvin W., 1977. "Economic Growth of the Agricultural Firm," Western Region Archives 260636, Western Region - Western Extension Directors Association (WEDA).
    3. Heath Henderson & Leonardo Corral & Eric Simning & Paul Winters, 2015. "Land Accumulation Dynamics in Developing Country Agriculture," Journal of Development Studies, Taylor & Francis Journals, vol. 51(6), pages 743-761, June.
    4. Ryan, James G., 1976. "Growth And Size Economies Over Space And Time: Wheat-Sheep Farms In New South Wales," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(3), pages 1-19, December.
    5. Harris, S.F., 1970. "Farm Adjustment And The Role Of Government," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 14(2), pages 1-14, December.

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    Keywords

    Industrial Organization;

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