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Economics Of Size In Australian Farming

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  • Jock R. Anderson
  • Roy A. Powell

Abstract

Economics of size is an important but relatively neglected aspect of Australian agriculture. The theory and methodology for analysis of economics of size are summarized and a survey made of evidence for Australian agricultural industries. The conclusion is reached that economies of size exist, particularly for small to medium farms and diseconomies appear to be absent. Further research is needed and some important areas are indicated.
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Suggested Citation

  • Jock R. Anderson & Roy A. Powell, 1973. "Economics Of Size In Australian Farming," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 17(1), pages 1-16, April.
    • Handle: RePEc:bla:ajarec:v:17:y:1973:i:1:p:1-16
    DOI: j.1467-8489.1973.tb00104.x
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    File URL: http://hdl.handle.net/10.1111/j.1467-8489.1973.tb00104.x
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    References listed on IDEAS

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    1. Oliver E. Williamson, 1967. "Hierarchical Control and Optimum Firm Size," Journal of Political Economy, University of Chicago Press, vol. 75(2), pages 123-123.
    2. Donald B. Williams, 1969. "Production Economics, Farm Management, and Extension," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 51(1), pages 57-70.
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    Cited by:

    1. Lembit, Murray & Bhati, U.N., 1987. "Farm Cost Effects of Dairy Policies in New South Wales and Victoria," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 55(03), pages 1-11, December.
    2. Hodge, Ian D., 1983. "Rural Employment and the Quality of Life," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 51(03), pages 1-12, December.
    3. McMahon, Pat J. & Metcalfe, John S., 1979. "Attributes Distinguishing Wool Production Enterprises Selling Wool Privately," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(02), pages 1-13, August.
    4. Vlastuin, Chris & Lawrence, Denis & Quiggin, John C., 1982. "Size Economies in Australian Agriculture," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(01), pages 1-24, April.
    5. Stent, W.R., 1976. "Critique Of The Methodology Of Australian Agricultural Economics," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-18, April.
    6. Ryan, James G., 1976. "Growth And Size Economies Over Space And Time: Wheat-Sheep Farms In New South Wales," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(3), pages 1-19, December.

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