Some evidence on pecuniary economies of size for farm firms
1980
Tew, B.V. | Spurlock, S. | Musser, W.N. | Miller, B.R.
Extract: The purpose of our article is to examine the assumption of no pecuniary economies of size from variable inputs. After a theoretical review of potential sources of pecuniary economies of size, we examine the hypothesis empirically using a sample of sales data from a supplier of agricultural inputs.
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