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Cross Country Analysis of Farm Economic Performance

Author

Listed:
  • Shingo Kimura

    (OECD)

  • Christine Le Thi

    (OECD)

Abstract

This report analyses the farm performance data contributed through the OECD Network for Farm-level Analysis. It first compares the distribution of four economic performance indicators across nine participating countries or regions for selected farm types (output and input ratio, and net operating income per unit of labour, land and net worth). The comparative analysis shows significant differences in farm economic performances within countries as well as across countries. It implies that promoting the adoption of existing best practice and improving the resource allocation can lead to a significant improvement in the sector’s performance. The factor analysis found that large farm size is a factor of high economic performance for most types of farms across countries, but it also identified other relevant factors of high performance independent of the farm size factor, such as younger age, higher education, and use of financial leverage. See also OECD Food, Agriculture and Fisheries Papers No. 46 “Distribution of support and income in agriculture” (http://dx.doi.org/10.1787/5kgch21wkmbx-en).

Suggested Citation

  • Shingo Kimura & Christine Le Thi, 2013. "Cross Country Analysis of Farm Economic Performance," OECD Food, Agriculture and Fisheries Papers 60, OECD Publishing.
  • Handle: RePEc:oec:agraaa:60-en
    as

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    File URL: http://dx.doi.org/10.1787/5k46ds9ljxkj-en
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    Cited by:

    1. Carillo, Felicetta & Carillo, Maria Rosaria & Venittelli, Tiziana & Zazzaro, Alberto, 1. "Aging and succession on Italian farms," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L’Informatore Agrario, issue 1.

    More about this item

    Keywords

    factor analysis; farm performance; farm size; off-farm income; output and input ratio; producer support; resource allocation;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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