Sheng, Yu; Zhao, Shiji; Nossal, Katarina - Australian Agricultural and Resource Economics Society … - 2011
farm-level data for the Australian broadacre industry, it was found that constant or mildly decreasing returns to scale is …. The results highlight the disparity between ‘returns to scale’ and ‘returns to size’ in Australian agriculture. They also … their ability to simply expand. The implications for ongoing structural adjustment in Australian agriculture are discussed. …