MANAGEMENT AND RETURNS TO FARM SIZE: RESULTS OF A CASE STUDY USING PARAMETRIC AND NON-PARAMETRIC METHODOLOGY TO MEASURE SCALE EFFICIENCIES

Two hypotheses are tested empirically using cross sectional data from Vaalharts: Firstly, it is hypothesized that economies of scale exist and, secondly, that optimal farm size will not be the same for any two managers; the better the manager, the larger the optimum farm size. These hypotheses are tested by means of both parametric and non-parametric methods, respectively. Managerial skill was measured explicitly. The results support both the hypotheses which were tested empirically. There also appears to be no inconsistency between the results obtained with parametric or non-parametric methods. These findings have important implications for structural adjustment of South African agriculture.


Other Titles:
Bestuur en skaalopbrengs: Resultate van 'n gevallestudie in die gebruik van parametriese en nie-parametriese metodes vir die meting van skaaldoeltreffendhede
Issue Date:
1993-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/267692
ISSN:
0303-1853
Language:
English
Published in:
Agrekon, Volume 32, Issue 4
Page range:
252-256




 Record created 2018-02-02, last modified 2018-04-02

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