Work

Do Purchasing Patterns Differ Between Large and Small Dairy Farms? Econometric Evidence from Three Wisconsin Communities

Year: 2002

Type: article

Abstract: Using farm data from three dairy-dependent communities in Wisconsin, this study addresses the question: Do small farms spend more locally than large farms? The work develops a theoretical model of farm cost functions with transaction costs varying between local and distant input sources. This model is then tested econometrically, describing farm costs and where they were spent as a function of transaction/search costs and farm characteristics. The results suggest that scale does matter to farm spending patterns.

Source: Agricultural and Resource Economics Review

DOI: 10.1017/s1068280500003452

Authors: Jeremy D. Foltz, Douglas Jackson-Smith, Lucy Chen

Institutions: University of Connecticut, Utah State University, University of Wisconsin–Madison

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W1599482744

FWCI: 5.027

Cites: 23

Cited by: 20

Related to: 10