Title

Do Purchasing Patterns DifferBetween Large and Small Dairy Farms? Econometric Evidence from Three WisconsinCommunities

Authors

J. Foltz
Douglas B. Jackson-Smith, Utah State UniversityFollow
L. Chen

Document Type

Article

Journal/Book Title

Agricultural Resource Economics Review

Publication Date

2002

Publisher

NAREA

Volume

31

Issue

1

First Page

28

Last Page

38

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.

Recommended Citation

Foltz, J., D. Jackson-Smith, and L. Chen. 2002. “Do Purchasing Patterns Differ Between Large and Small Dairy Farms? Econometric Evidence from Three Wisconsin Communities,” Agricultural Resource Economics Review Vol. 31(1): 28-38.