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

Author

Listed:
  • 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.

Suggested Citation

  • Snider, Lindsey & Langemeier, Michael R., 2009. "A Long-Term Analysis of Changes in Farm Size and Financial Performance," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45915, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saeana:45915
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    File URL: http://purl.umn.edu/45915
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    References listed on IDEAS

    as
    1. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    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. 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.
    4. 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).
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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