Flexibilität und Firmengröße / Flexibility and Firm Size: Empirische Ergebnisse für den primären Sektor / Empirical Evidence for the Agricultural Sector

Christoph Weiss

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1997, vol. 216, issue 6, 693-708

Abstract: This paper reports evidence on the relationship between firm size and flexibility for a sample of more than 40 000 farm households in Upper-Austria for the period 1980 to 1990. Our finding of a significant negative impact of size on both, the flexibility in adjusting aggregate output to exogenous shocks ("tactical flexibility") as well as the ability to switch quickly and cheaply between products ("operational flexibility") supports the idea, that large and small farms each have their own efficiency niches. In addition, we also find full-time farms operated by younger, better educated farm operators to be more flexible, ceteris paribus.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:216:y:1997:i:6:p:693-708

DOI: 10.1515/jbnst-1997-0605

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