Plenary paper 2: Why is the agriculture of advanced Western economies still organized by family farms? Will this continue to be so in the future?
| Autor: | Günther Schmitt |
|---|---|
| Rok vydání: | 1991 |
| Předmět: |
2. Zero hunger
Transaction cost Economics and Econometrics Labour economics business.industry 05 social sciences 1. No poverty Agricultural and Biological Sciences (miscellaneous) Labor saving Economy Agriculture Dominance (economics) 0502 economics and business 8. Economic growth Economics 050202 agricultural economics & policy 050207 economics business |
| Zdroj: | European Review of Agricultural Economics. 18:443-458 |
| ISSN: | 1464-3618 0165-1587 |
| DOI: | 10.1093/erae/18.3-4.443 |
| Popis: | The dominance and persistency of family farms in industrialized nonsocialist countries can only be explained by the theory that farm households organize agricultural and household production, and also very often off-farm employment, efficiently. The organizational unity of farms and households in agriculture has to be seen as a consequence of limited economies of size relative to the size of the family's labor capacity. Economies of size are increasing as well as labor capacity due to labor saving technological innovations. Smaller than technically "optimal" farm sizes are further to be explained by lower transaction costs of family farms vis-a-vis hired labor farms. Future changes of these determinants and their implications for family farming are discussed. Copyright 1991 by Oxford University Press. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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