Economies of Size in Wheat Production

John W. Longworth and W.J. McLeland

Review of Marketing and Agricultural Economics, 1972, vol. 40, issue 02, 14

Abstract: This paper investigates the relationship between the cost of producing wheat and the size of the wheat enterprise on farms in the Boolooroo Shire of New South Wales. The impact of seasonal variation and new technology on the cost/size relationship is also examined. The estimated longrun cost functions suggest that significant cost economies may be achieved as the area sown to wheat on a farm in the region concerned is increased to approximately 1,000 acres.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9617

DOI: 10.22004/ag.econ.9617

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