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Returns to Scale in Agriculture: An Empirical Investigation of Japanese Experience

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  • Grabowski, Richard
  • Sanchez, Onesimo

Abstract

In this paper a ray-homothetic production function is used to determine returns to scale for Japanese agriculture for the period 1878 to 1940. The advantage of the ray-homothetic function is that it allows returns to scale to vary with both output and factor intensity. The results show that for this period Japanese agriculture operated under conditions of increasing returns to scale. Copyright 1986 by Oxford University Press.

Suggested Citation

  • Grabowski, Richard & Sanchez, Onesimo, 1986. "Returns to Scale in Agriculture: An Empirical Investigation of Japanese Experience," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 13(2), pages 189-198.
    • Handle: RePEc:oup:erevae:v:13:y:1986:i:2:p:189-98
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    Cited by:

    1. Tone, Kaoru & Sahoo, Biresh K., 2003. "Scale, indivisibilities and production function in data envelopment analysis," International Journal of Production Economics, Elsevier, vol. 84(2), pages 165-192, May.
    2. Chao Chiung Ting, 2020. "Lucas Paradox, Declining Labor Share, Tendency of Rate of Profit to Fall of Karl Marx and Growth Theory of the Firm," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 12(9), pages 1-53, September.

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