A Return of the Threshing Ring? A Case Study of Machinery and Labor-Sharing in Midwestern Farms

Georgeanne Artz, Gregory Colson and Roger Ginder

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Machinery-sharing provides an alternative for smaller producers to obtain the efficiencies of large farming operations and remain competitive in an increasingly concentrated agricultural industry. This research uses a multiple case study design to examine the motivations for sharing equipment and labor among farms and to better understand how group members handle the transaction costs of sharing. Our case evidence finds that in addition to cost savings, access to reliable labor is an important motivation for participating in a sharing arrangement. Trust and frequent communication among group members helps to minimize the transaction costs incurred from sharing.

Date: 2010-01-01
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Journal Article: A Return of the Threshing Ring? A Case Study of Machinery and Labor-Sharing in Midwestern Farms (2010)
Journal Article: A Return of the Threshing Ring? A Case Study of Machinery and Labor-Sharing in Midwestern Farms (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201001010800001136

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