An Improved Procedure for Evaluating Alternative Farm Sizes

James W. Richardson and Gary D. Condra

No 278306, 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The methodology used in existing farm size studies fails to explicitly consider such factors as time, uncertianty, alternative financial arrangements, income taxes, changing land prices, increasing input costs and year-to-year net cash flows. A procedure that incorporates these factors is described and demonstrated in this paper.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 15
Date: 1979-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea79:278306

DOI: 10.22004/ag.econ.278306

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