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Are mega-farms the future of global agriculture? : exploring the farm size-productivity relationship for large commercial farms in Ukraine (ukrainien)

With farms cultivating tens or hundreds of thousands of hectares (HA), Ukraine's example is often used to demonstrate the existence of economies of scale in modern grain production. Panel data analysis for all the country's farms above 200 HA in 2001 to 2011 suggests that higher yields and profits are due to unobserved factors at rayon (district) and farm level rather than economies of scale. Productivity growth was driven not by farm expansion but...
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