@article{Vlastuin:12293,
      recid = {12293},
      author = {Vlastuin, Chris and Lawrence, Denis and Quiggin, John C.},
      title = {Size Economies in Australian Agriculture},
      journal = {Review of Marketing and Agricultural Economics},
      address = {1982-04},
      number = {430-2016-31536},
      pages = {24},
      year = {1982},
      abstract = {Theoretical, conceptual and estimational issues relevant  to economies of size studies are discussed in this paper.  Some of the issues discussed are the effects of  technological change on the position and shape of the  average cost curve over time, the relationship between farm  size and relative economic efficiency and frontier versus  average estimation techniques. There is also a brief review  of various measurement and specification problems. 
In  addition, empirical estimates of the extent of size  economies were derived from a flexible translog production  function using ASIS data for the New South Wales  Wheat/Sheep Zone for the years 1966-67, 1975-76 and  1976-77. Estimation of the production function revealed  that, when the relatively fixed inputs of operator and  family labour were excluded, the sample exhibited constant  returns to scale. On the other hand, when operator and  family labour were included, the cost curve exhibited the  familiar L shape found in earlier agricultural studies.},
      url = {http://ageconsearch.umn.edu/record/12293},
      doi = {https://doi.org/10.22004/ag.econ.12293},
}