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Increased productivity is a key to a healthy and thriving economy. Consequently, the trend in productivity, economywide, is one of the most closely watched of our common economic performance indicators. Agriculture, in particular, has been a very successful sector of the U.S. economy in terms of...
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This paper employs a panel data set of 48 states from 1960 to 1996 to investigate the relationships of government policies (public agricultural research and development (R&D), extension, and government commodity program payments) to changes in farm size. Five different farm size measures are...
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Because of policy interest in the size distribution of farms, there is an interest in understanding the causes of changing farm sizes. This paper addresses an overlooked issue in the literature on the determinants of farm size, namely, the empirical specification of farm size. We examine 5...
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