Do the Largest Firms Grow and Diversify the Fastest? The Case of U.S. Dairies

Melhim, Almuhanad; O’Donoghue, Erik J.; Shumway, C. Richard

doi:10.1111/j.1467-9353.2009.01438.x

“…The theory has received considerable empirical attention in the context of developed country agriculture. For example, Jarrett (1968), Shapiro et al (1987), Weiss (1999), and Melhim et al (2009a) rejected Gibrat's hypothesis for the cases of Australia, Canada, Austria, and the United States, respectively, whereas Clark et al (1992) and Fulton et al (1995) found support for the theory using data from Canada, and Melhim et al (2009b) found similar support for the United States. Conversely, the only empirical analysis to date set within the context of developing country agriculture is Shergill (1991) who found support for…”

mentioning

confidence: 77%

Land Accumulation Dynamics in Developing Country Agriculture

Henderson

¹

,

Corral

²

,

Simning

³

et al. 2015

The Journal of Development Studies

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

show abstract

“…The theory has received considerable empirical attention in the context of developed country agriculture. For example, Jarrett (1968), Shapiro et al (1987), Weiss (1999), and Melhim et al (2009a) rejected Gibrat's hypothesis for the cases of Australia, Canada, Austria, and the United States, respectively, whereas Clark et al (1992) and Fulton et al (1995) found support for the theory using data from Canada, and Melhim et al (2009b) found similar support for the United States. Conversely, the only empirical analysis to date set within the context of developing country agriculture is Shergill (1991) who found support for Gibrat's Law for the case of India.…”

mentioning

confidence: 87%

Land Accumulation Dynamics in Developing Country Agriculture

Winters,

Henderson,

Simning

et al. 2014

0

View full text Add to dashboard Cite

Understanding land accumulation dynamics is relevant for policy makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of microlevel land accumulation dynamics using unique panel data from Paraguay. The results suggest that farm growth varies systematically with farm size --a formal rejection of stochasticgrowth theories (that is, Gibrat's Law)-- and that titled land area may have considerable infuence on land accumulation. Furthermore, our estimates indicate that a dualistic agrarian structure is the likely product of the unfettered operation of land markets.

show abstract