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Jan 12 2011

Are Smaller Farms Appropriate for Former Soviet Republics?

Communist countries, countries in transition to market economies, and even some market economies have paid an enormous price for assuming that large farms are more productive than small or mid-sized farms. This strongly held assumption is a major obstacle to legal, policy, and practical efforts to facilitate farm reorganization in many former Soviet republics. The author discusses the basic arguments for and against the existence of economies of scale in agriculture. | download PDF

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