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Experience curve effects in agriculture: An application to tennessee dairy farms

Author

Listed:
  • Larry W. Van Tassell

    (Department of Agricultural Economics, University of Wyoming)

  • Morgan D. Gray

    (Department of Agricultural Economics and Rural Sociology, University of Tennessee)

Abstract

Existence of an experience curve effect for Tennessee dairy farmers was examined using cross-sectional data. The strongest experience effect was found when data was indexed by the farmers' level of production in the inaugural year of farming. There also appeared to be a strong relationship between experience effect and productivity of the dairy herd when first purchased. Using years of experience as a proxy for accumulated output appeared to slightly overstate the experience effect in most cases. © 1993 John Wiley & Sons, Inc.

Suggested Citation

  • Larry W. Van Tassell & Morgan D. Gray, 1993. "Experience curve effects in agriculture: An application to tennessee dairy farms," Agribusiness, John Wiley & Sons, Ltd., vol. 9(6), pages 585-593.
    • Handle: RePEc:wly:agribz:v:9:y:1993:i:6:p:585-593
    DOI: 10.1002/1520-6297(199311)9:6<585::AID-AGR2720090605>3.0.CO;2-O
    as

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    References listed on IDEAS

    as
    1. Barnes, James H, 1983. "The experience curve--Artifact or reality," Omega, Elsevier, vol. 11(2), pages 209-211.
    2. Graham Hall & Sydney Howell, 1985. "The experience curve from the economist's perspective," Strategic Management Journal, Wiley Blackwell, vol. 6(3), pages 197-212, July.
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