FLEXIBILITY IN AGRICULTURE

Christoph Weiss

No 21502, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper considers the determinants of two dimensions of flexibility, the flexibility in adjusting aggregate output over time ("tactical flexibility") as well as the ability to switch quickly between products ("operational flexibility"). Econometric analysis of a sample of 40,000 farms in Upper-Austria for the period 1980 to 1990 suggests that larger full-time farms operated by younger, better educated farm operators are more flexible, ceteris paribus. The results further indicate a significant and negative interrelationship between tactical and operational flexibility.

Keywords: Farm Management; Industrial Organization (search for similar items in EconPapers)
Pages: 13
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21502

DOI: 10.22004/ag.econ.21502

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