SHORT-RUN RETURNS TO SCALE, FARM-SIZE, AND ECONOMIC-EFFICIENCY

Authors
KUMBHAKAR SC
Citation
Sc. Kumbhakar, SHORT-RUN RETURNS TO SCALE, FARM-SIZE, AND ECONOMIC-EFFICIENCY, Review of economics and statistics, 75(2), 1993, pp. 336-341
Citations number
10
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics
Journal title
Review of economics and statistics → ACNP
ISSN journal
00346535
Volume
75
Issue
2
Year of publication
1993
Pages
336 - 341
Database
ISI
SICI code
0034-6535(1993)75:2<336:SRTSFA>2.0.ZU;2-O
Abstract
This paper analyzes the effects of returns to scale, farm-size, techni cal, allocative and scale inefficiencies on the profitability of Utah dairy farms. It derives the conditions necessary to compare the profit ability of farms within and between different size classifications as small, medium, and large. Some comparative static results regarding in creases in input prices and a decrease or withdrawal of price support on profitability of small, medium, and large farms are presented.