Degree Type

Thesis

Date of Award

2008

Degree Name

Master of Science

Department

Economics

First Advisor

Roger Ginder

Abstract

As the U.S. agriculture industry continues to become increasingly concentrated, the viability of small- and medium-sized farms faced with diminishing profit margins per unit of output hinges in part on their ability to expand operations. In this study, the solution to this problem of taking advantage of economies of scale through farm-level resource sharing arrangements is considered. Through a two phase data collection procedure, Midwestern farmer groups engaged in resource sharing arrangements were identified and investigated through a case study approach. Evidence from the case studies suggest that sharing of equipment and labor can yield not only financial benefits but also enable expansions in cultivated acreage, access to better technologies, greater operational efficiencies, and improved access to information. As well, a cost-benefit model is developed to explore the potential economies of scale in sharing machinery among multiple farms. The model quantifies the significant potential for equipment cost reductions through cooperation.

DOI

https://doi.org/10.31274/rtd-180813-16557

Publisher

Digital Repository @ Iowa State University, http://lib.dr.iastate.edu/

Copyright Owner

Greg Colson

Language

en

Proquest ID

AAI1453142

OCLC Number

237048184

ISBN

9780549542124

File Format

application/pdf

File Size

186 pages

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