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The peculiarities of agricultural production, the nature and future of the farm


, : The peculiarities of agricultural production, the nature and future of the farm. Diskussionsbeitrag Institut fur Agrarokonomie der Universitat Gottingen ( 9307): 69pp.

Important differences identified between farm and industrial production include the relatively small size of farm enterprises, their use of family labour or small amounts of hired labour and, in Germany, the growing importance of part time farming. Unlike industry which exploits economies of scale through horizontal and vertical integration, farms are subject to disintegration to other farms (horizontal specialization) and to industry (vertical specialization).

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