Hostname: page-component-5c6d5d7d68-tdptf Total loading time: 0 Render date: 2024-08-17T11:26:31.764Z Has data issue: false hasContentIssue false
  • English
  • Français

Actual Versus Potential Growth of a Farm Firm: An Ex Post Analysis

Published online by Cambridge University Press:  28 April 2015

D. R. Humberd
D. R. Humberd*
Affiliation:
Agricultural Economics, Agricultural Extension Service, University of Tennessee
Get access Rights & Permissions [Opens in a new window]

Extract

As agriculture adapts to the seventies, farm businesses are faced with several adjustment problems. Many farm firms must grow into a more viable economic unit or be forced to exit from farming. For some firms, growth will require gaining control over additional land resources, while for others, expansion will require a more intensive use of presently controlled resources.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 3 , Issue 1 , December 1971 , pp. 129 - 135
Copyright
Copyright © Southern Agricultural Economics Association 1971

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1.Bailey, Warren R., “Necessary Conditions for Growth of the Farm Business Firm,” Agricultural Economics Research, 19:1–6, Jan. 1967.Google Scholar
2.Boehlje, Michael D. and White, T. Kelley, “A Production-Investment Decision Model of Farm Firm Growth,” Am. J. of Agr. Eco., 51: 546–563, Aug. 1969.CrossRefGoogle Scholar
3.Bostwick, Don, “Analytical Framework and Technique for Studying Firm Growth,” paper presented at the Joint meeting of Farm Management and Marketing Committees, Western Agricultural Economics Research Council, Las Vegas, Nevada, Nov. 7, 1967.Google Scholar
4.Humberd, David R., “A Multiperiod Analysis of the Effect of Selected Economic Variables on the Optimum Growth Process of Three Case Farms in the Mammoth Cave Area,” unpublished Ph.D. thesis, University of Kentucky, 1970.Google Scholar
5.Irwin, George D., “A Comparative Review of Some Firm Growth Models,” Agr. Econ. Res., 20: 82–100, Aug. 1968.Google Scholar
6.Martin, J. Rod and Plaxico, James S., Polyperiod Analysis of Growth and Capital Accumulation of Farms in the Rolling Plains of Oklahoma and Texas, USDA Tech. Bui. 1381, Sept. 1967.Google Scholar
7.Patrick, George F. and Eisgruber, Ludwig M., “The Impact of Managerial Ability and Capital Structure on Growth of the Farm Firm,” Am. J. of Agr. Econ., 50:491–506, Aug. 1968.CrossRefGoogle Scholar
8.U. S. Department of Agriculture, Economic Research Service, Agricultural Finance Review: Supplement to Volume 30, Jan. 1970.Google Scholar
9.Walker, Odell J. and Martin, James R., “Firm Growth Research Opportunities and Techniques.” J.of Farm Econ. 48:1522–1531, Dec. 1966.CrossRefGoogle Scholar