IMPACT OF FARM SIZE AND TYPE ON COMPETITIVE ADVANTAGE

Jeffery D. Morgan and Michael Langemeier

No 35197, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: This study examined sustained competitive advantage for a sample of Kansas farms. Whole-farm data for 224 farms with continuous data from 1982-2001 were used. Overall efficiency was computed for each farm and year. Sixty farms exhibited a sustained competitive advantage. Seventy-six farms exhibited a sustained competitive disadvantage. Farms with a competitive advantage were relatively larger, received more of their gross farm income from dairy and swine production, had significantly lower expense ratios, and had significantly higher profit margins.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 21
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35197

DOI: 10.22004/ag.econ.35197

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