RISK AND FARM SIZE IN THE PASTORAL ZONE

Jock Anderson ()

Australian Journal of Agricultural Economics, 1972, vol. 16, issue 01, 10

Abstract: Variable performance over time is an important feature of wool growing in the eastern pastoral zone of Australia. An analysis of time series data from the Australian Sheep Industry Survey indicates that standard deviation of net farm income is related more or less linearly to size of firm and increases with size at about the same rate as does average net income. A tentative conclusion is drawn that large farms have had a slight tendency to experience less variable rates of return than small farms. However, it is found that farms that have experienced relatively variable returns have tended to enjoy average rates of return above those of other farms of similar size.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1972
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Citations: View citations in EconPapers (3)

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Journal Article: RISK AND FARM SIZE IN THE PASTORAL ZONE (1972)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22301

DOI: 10.22004/ag.econ.22301

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