Optimal Farm Size in Russian Agriculture
Nikolai Svetlov and
Heinrich Hockmann ()
No 51667, 2009 Conference, August 16-22, 2009, Beijing, China from International Association of Agricultural Economists
Abstract:
A set of dynamic DEA models is applied to investigate the determinants of farm size of Moscow oblast corporate farms in the period 1996-2004. New institutional economics is found to be more relevant to explaining farm sizes and their changes than the neo-classical framework. The results prove the hypothesis that the development of farm size is mainly caused by reducing transaction costs associated with getting access to product markets.
Keywords: Farm Management; Institutional and Behavioral Economics; Production Economics (search for similar items in EconPapers)
Pages: 12
Date: 2009-06
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae09:51667
DOI: 10.22004/ag.econ.51667
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