An examination of broadacre farm size and performance in Western Australia

Tim Lefroy, James Key, Ross Kingwell

Research output: Contribution to journalArticle

Abstract

We analyse a balanced panel of 250 farms in Western Australia using convergence analysis, examining changes in the relative size, output composition and financial performance of small, medium and large farms over the decade 2002–2011. Fitted exponential growth rates in key variables allow us to determine whether differences between small, medium and large farms are narrowing or widening. Although farms in each size category grew on average, there was no significant change in the relative size of farms. Contrasting with earlier studies, smaller farms displayed a relative improvement in their performance, catching up to medium and larger farms.

Original languageEnglish
Pages (from-to)52-65
Number of pages14
JournalAustralian Economic Review
Volume50
Issue number1
DOIs
Publication statusPublished - 1 Mar 2017

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Western Australia
Farm size
Farm
Small farms
Financial performance
Catching-up

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An examination of broadacre farm size and performance in Western Australia. / Lefroy, Tim; Key, James; Kingwell, Ross.

In: Australian Economic Review, Vol. 50, No. 1, 01.03.2017, p. 52-65.

Research output: Contribution to journalArticle

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