OECD Food, Agriculture and Fisheries Papers

ISSN :
1815-6797 (online)
DOI :
10.1787/18156797
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Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.

NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.

 

Cross Country Analysis of Farm Economic Performance You or your institution have access to this content

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Author(s):
Shingo Kimura1, Christine Le Thi1
Author Affiliations
  • 1: OECD, France

Publication Date
22 May 2013
Bibliographic information
No.:
60
Pages
104
DOI
10.1787/5k46ds9ljxkj-en

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This report analyses the farm performance data contributed through the OECD Network for Farm-level Analysis. It first compares the distribution of four economic performance indicators across nine participating countries or regions for selected farm types (output and input ratio, and net operating income per unit of labour, land and net worth). The comparative analysis shows significant differences in farm economic performances within countries as well as across countries. It implies that promoting the adoption of existing best practice and improving the resource allocation can lead to a significant improvement in the sector’s performance. The factor analysis found that large farm size is a factor of high economic performance for most types of farms across countries, but it also identified other relevant factors of high performance independent of the farm size factor, such as younger age, higher education, and use of financial leverage. See also OECD Food, Agriculture and Fisheries Papers No. 46 "Distribution of support and income in agriculture" (http://dx.doi.org/10.1787/5kgch21wkmbx-en).
Keywords:
farm performance, factor analysis, off-farm income, farm size, resource allocation, producer support, output and input ratio
JEL Classification:
  • D31: Microeconomics / Distribution / Personal Income, Wealth, and Their Distributions
  • Q12: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Agriculture / Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
  • Q18: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Agriculture / Agricultural Policy; Food Policy