IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v67y1985i2p279-288..html
   My bibliography  Save this article

Dominant Enterprise Size in the Swine Production Industry

Author

Listed:
  • Paul N. Wilson
  • Vernon R. Eidman

Abstract

Dominant swine enterprise size may be determined by the geographic location of the production unit and the risk attitudes of the producer. Distributions of after-tax net revenues for thirteen swine production units in three subregions of the Corn Belt are generated from empirical data gathered from 1,181 swine enterprises. Stochastic dominance with respect to a function is used to rank these distributions for five Arrow-Pratt intervals. Western swine production units stochastically dominate units in the eastern and southern subregions. Risk-averse producers prefer smaller operations, while risk-loving managers prefer relatively large-scale swine enterprises.

Suggested Citation

  • Paul N. Wilson & Vernon R. Eidman, 1985. "Dominant Enterprise Size in the Swine Production Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 279-288.
  • Handle: RePEc:oup:ajagec:v:67:y:1985:i:2:p:279-288.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1240680
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Meltzer, Martin I. & Kalter, Robert J., 1987. "Porcine Growth Hormone: Implications for Hog Producers and the Swine Industry," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269988, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Cochran, Mark J., 1986. "Stochastic Dominance: The State Of The Art In Agricultural Economics," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 271995, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    3. Sonka, Steven T. & Khoju, Madhab R., 1989. "Empirical Studies Of Firm Viability, Profitability, And Growth," 1989 Conference, January 7-10, Tucson, Arizona 260159, Regional Research Committe NC-181: Determinants of Farm Size and Structure.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:67:y:1985:i:2:p:279-288.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.