Optimal Farm Size in Russian Agriculture
A set of dynamic DEA models is applied to investigate the determinants of farm size of Moscow oblast corporate farms in the period 1996-2004. New institutional economics is found to be more relevant to explaining farm sizes and their changes than the neo-classical framework. The results prove the hypothesis that the development of farm size is mainly caused by reducing transaction costs associated with getting access to product markets.
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- R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
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- Lerman, Zvi, 1998. "Does Land Reform Matter? Some Experiences from the Former Soviet Union," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 25(3), pages 307-30.
- Lerman, Zvi, 2001. "Agriculture in transition economies: from common heritage to divergence," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 26(2), November.
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