@article{Peterson:13411,
      recid = {13411},
      author = {Peterson, Willis L.},
      title = {ARE LARGE FARMS MORE EFFICIENT?},
      address = {1997},
      number = {1701-2016-139230},
      series = {Staff Paper P97-02},
      pages = {15},
      year = {1997},
      abstract = {Accurate estimates of returns to scale require that inputs  and output are measured without error and that  environmental and managerial differences among firms of  varying sizes are taken into account.  Measurement problems  affecting estimates of returns to scale in agriculture  include: (1) combining the farm dwelling with capital  inputs, (2) correlation of environmental and management  characteristics with size and (3) the effect of off-farm  employment on small farm output and production costs.   Estimates of long run average total cost curves for farms  in the corn belt reveal that after the above factors are  taken into account, estimated scale economies in  agriculture disappear, while there is evidence of  diseconomies as farm size increases.},
      url = {http://ageconsearch.umn.edu/record/13411},
      doi = {https://doi.org/10.22004/ag.econ.13411},
}