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A Long-Term Analysis of Changes in Farm Size and Financial Performance

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  • Snider, Lindsey
  • Langemeier, Michael R.

Abstract

This paper examined the changing structure of farms in Kansas. Specifically, changes in farm size, farm type, financial performance, and economies of size were examined using five-year moving averages from 1973 to 2007. Convergence analysis was used to determine whether small farms are catching up to larger farms or whether the difference in performance between these two groups of farms was widening. Results suggested that the gaps between the small farms and large farms have widened.

Suggested Citation

  • Snider, Lindsey & Langemeier, Michael R., 2009. "A Long-Term Analysis of Changes in Farm Size and Financial Performance," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45915, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeana:45915
    DOI: 10.22004/ag.econ.45915
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    File URL: https://ageconsearch.umn.edu/record/45915/files/saea09a.pdf
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    References listed on IDEAS

    as
    1. Langemeier, Michael & Bradford, Kelly, 2006. "An Examination of the Relationship Between Overall Inefficiency and Farm Characteristics," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2006, pages 1-8.
    2. Barry, Peter J. & Escalante, Cesar L. & Bard, Sharon K., 2000. "Economic Risk And The Structural Characteristics Of Farm Businesses," 2000 Annual meeting, July 30-August 2, Tampa, FL 21778, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Catherine Paul & Richard Nehring & David Banker & Agapi Somwaru, 2004. "Scale Economies and Efficiency in U.S. Agriculture: Are Traditional Farms History?," Journal of Productivity Analysis, Springer, vol. 22(3), pages 185-205, November.
    4. Mosheim, Roberto & Lovell, C.A. Knox, 2006. "Economic Efficiency, Structure and Scale Economies in the U.S. Dairy Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21440, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    6. Langemeier, Michael R. & Bradford, Kelly, 2005. "An Examination of the Relationship Between Overall Efficiency and Farm Experience," 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas 35589, Southern Agricultural Economics Association.
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    Cited by:

    1. Robbie Maris & Zack Dorner, 2021. "Cost Efficiency Analysis using Operating Profit Margin for the New Zealand Dairy Industry," Working Papers in Economics 21/04, University of Waikato.

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    Keywords

    Farm Management; Production Economics;

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