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Empirical Testing of a Farm Firm Growth Theory

Published online by Cambridge University Press:  28 April 2015

Frederick J. Rafeld  and
Edgar T. Shaudys
Frederick J. Rafeld
Affiliation:
Agricultural Economics andAgribusiness at Louisiana State University
Edgar T. Shaudys
Affiliation:
Agricultural Economics at Ohio State University
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Extract

Researchers in agricultural economics have become increasingly concerned with the effects of structural and technical changes in agriculture upon the size of the farm firm. These researchers not only want to understand firm growth in order to make suggestions for necessary changes in social institutions but also to advise the managers of farm firms.

Recent farm firm growth research studies were conducted using empirically based mathematical programming models to explore growth and to test hypotheses concerning the influence of various economic factors upon growth. For examples, see. Growth in these studies is a function of the assumptions of the particular programming model.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 2 , Issue 1 , December 1970 , pp. 175 - 179
Copyright
Copyright © Southern Agricultural Economics Association 1970

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