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A Long-Term Analysis of Changes in Farm Size and Financial Performance

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  • Snider, Lindsey
  • Langemeier, Michael R.

Abstract

This paper examined the changing structure of farms in Kansas. Specifically, changes in farm size, farm type, financial performance, and economies of size were examined using five-year moving averages from 1973 to 2007. Convergence analysis was used to determine whether small farms are catching up to larger farms or whether the difference in performance between these two groups of farms was widening. Results suggested that the gaps between the small farms and large farms have widened.

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File URL: http://purl.umn.edu/45915
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Bibliographic Info

Paper provided by Southern Agricultural Economics Association in its series 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia with number 45915.

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Date of creation: 2009
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Handle: RePEc:ags:saeana:45915

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Keywords: Economies of Size; Financial Performance; Farm Management; Production Economics; D21;

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  1. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, 07.
  2. Barry, Peter J. & Escalante, Cesar L. & Bard, Sharon K., 2000. "Economic Risk And The Structural Characteristics Of Farm Businesses," 2000 Annual meeting, July 30-August 2, Tampa, FL 21778, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  3. Mosheim, Roberto & Lovell, C.A. Knox, 2006. "Economic Efficiency, Structure and Scale Economies in the U.S. Dairy Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21440, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Langemeier, Michael R. & Bradford, Kelly, 2005. "An Examination of the Relationship Between Overall Efficiency and Farm Experience," 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas 35589, Southern Agricultural Economics Association.
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