A Return of the Threshing Ring? A Case Study of Machinery and Labor-Sharing in Midwestern Farms
AbstractMachinery-sharing provides an alternative for smaller producers to obtain the efficiencies of large farming operations and remain competitive in an increasingly concentrated agricultural industry. This research uses a multiple case study design to examine the motivations for sharing equipment and labor among farms and to better understand how group members handle the transaction costs of sharing. Our case evidence finds that in addition to cost savings, access to reliable labor is an important motivation for participating in a sharing arrangement. Trust and frequent communication among group members helps to minimize the transaction costs incurred from sharing.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 42 (2010)
Issue (Month): 04 (November)
machinery sharing; transaction costs; farm-level cooperation; Agribusiness; Agricultural Finance; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Financial Economics; Labor and Human Capital; Land Economics/Use; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; Q12; Q13;
Other versions of this item:
- Artz, Georgeanne M. & Colson, Gregory J. & Ginder, Roger, 2009. "A Return of the Threshing Ring? Motivations, Benefits and Challenges of Machinery and Labor Sharing Arrangements," Staff General Research Papers 13065, Iowa State University, Department of Economics.
- Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Foreman, Linda F., 2006. "Characteristics and Production Costs of U.S. Corn Farms, 2001," Economic Information Bulletin 7205, United States Department of Agriculture, Economic Research Service.
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- Bronwyn H. Hall & Beethika Khan, 2003.
"Adoption of New Technology,"
NBER Working Papers
9730, National Bureau of Economic Research, Inc.
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- Hall, Bronwyn H. & Khan, Beethika, 2003. "Adoption of New Technology," Department of Economics, Working Paper Series qt3wg4p528, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- McBride, William D., 2003. "Production Costs Critical to Farming Decisions," Amber Waves, United States Department of Agriculture, Economic Research Service, September.
- Harris, Andrea & Fulton, Murray E., 2000. "Farm Machinery Co-Operatives: An Idea Worth Sharing," Miscellaneous Publications 31762, University of Saskatchewan, Centre for the Study of Co-operatives.
- Fulton, Murray E. & Harris, Andrea, 2000. "The Cuma Farm Machinery Co-Operatives," Miscellaneous Publications 31774, University of Saskatchewan, Centre for the Study of Co-operatives.
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