FARM AND NONFARM FACTORS INFLUENCING FARM SIZE

The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor substitution phenomenon and the importance of nonfarm employment changes.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19725
Total Pages:
17
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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