Farm Size, Rural Community Income, and Consumer Welfare

Earl Orel Heady · Steven T. Sonka

46 citations0/0 files storedAmerican Journal of Agricultural Economics

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Agricultural economics and policies Economics of Agriculture and Food Markets Agricultural Economics and Policy

Abstract

Abstract Decline in the number of farms and the resulting increase in average farm size has been a persistent feature of the change occurring in American agriculture throughout the last three decades. Different farm‐size assumptions are examined and their effect on certain key farm and nonfarm variables estimated. None of the alternatives analyzed provides benefits for all groups considered, and policies which may favor any one of these scenarios involve trade‐offs between the variables discussed.

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