Fargo, N.D. – Joleen Hadrich and Frayne Olson, assistant professors of agribusiness and applied economics at NDSU, co-wrote the paper, “Joint Measurement of Farm Size and Farm Performance: A Confirmatory Factor Analysis.” It will be published in Agricultural Finance Review, an agricultural economics journal that highlights research, Extension and teaching issues in agricultural finance.

The authors used a confirmatory factor analysis model to test the relative strength of alternative farm size and performance measures and estimated the relationship between farm size and performance latent variables. The study also investigated how the relationship between farm size and farm performance changed during a 10-year time frame. Results demonstrated a significant relationship between farm size and farm performance, but the relationship has weakened over time.

The article is available here