Measuring Sustained Competitive Advantage for a Sample of Kansas Farms

This paper examined sustained competitive advantage for a sample of 377 Kansas Farm Management Association farms with continuous data from 1988-2007. Technical, allocative, scale and overall efficiency indices were calculated for each farm and year. Approximately 30 percent of the farms exhibited significantly above average overall efficiency levels. These farms had a competitive advantage. Conversely, approximately 28 percent of the farms exhibited significantly below average overall efficiency levels or had a competitive disadvantage. The farms with a competitive advantage were significantly larger in terms of value of farm production and acreage, had significantly lower expense ratios and significantly higher profit margins.

Issue Date:
Publication Type:
Journal Article
Record Identifier:
PURL Identifier:
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2009
Page range:
Total Pages:

 Record created 2017-04-01, last modified 2018-01-22

Download fulltext

Rate this document:

Rate this document:
(Not yet reviewed)