Estimates of Before and After Tax Scale Economies For a Sample of Illinois Cash Grain Farms
Loading...
Date
1981-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Ohio State University. Department of Agricultural, Environmental and Development Economics
Abstract
The primary purpose of this study was to investigate the degree of economies of scale existing, on a before and an after tax basis, for a sample of commercial Illinois farms. Results of the analysis indicate substantial scale economies both before and after taxes for this sample of cash grain producers. The cost curves were typically L-shaped, with major cost reductions occurring by the time farm size reached 500 tillable acres.