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dc.contributor.authorWestbrooke, Victoria
dc.contributor.authorNuthall, Peter L.
dc.date.accessioned2017-11-12T20:53:28Z
dc.date.available2017-09-05en
dc.date.issued2017-10
dc.identifier.citationWestbrooke, V., & Nuthall, P. (2017). Why small farms persist? The influence of farmers’ characteristics on farm growth and development. The case of smaller dairy farmers in NZ. Australian Journal of Agricultural and Resource Economics, 61(4), 663-684. doi:10.1111/1467-8489.12227
dc.identifier.issn1364-985Xen
dc.identifier.urihttps://hdl.handle.net/10182/8741
dc.description.abstractHuman capital is an important resource in primary production impacting on farmers’ decisions and actions. Given their current and expected economic environment, farmers must use their human capital in mapping out a trajectory for their farm. This study considers particular aspects of farmers’ human capital and its influence on farm growth, or lack of it. Farmers’ characteristics as expressed through their personality, intelligence and objectives are the main human capital aspects considered in a sample of smaller NZ dairy farms. They are somewhat typical of western farmers working on smaller farms. They can be broadly classed into Expanders, Maintainers and Retractors. It is hypothesised each group will have distinct and different personal characteristics and these influence the farmers’ choice of trajectory. This is in addition to purely economic factors. It is also hypothesised the characteristics influence the farmers’ choice of development strategy and how challenges to the strategy are viewed. The data collected from the small dairy farms support the hypotheses suggesting the design of policy and extension programs must allow for these human capital drivers. Using past data, it is also shown aspects of human capital are different in large farms emphasising the same conclusion.en
dc.format.extent663-684en
dc.language.isoen
dc.publisherWiley on behalf of Australian Agricultural and Resource Economics Society
dc.relationThe original publication is available from - Wiley on behalf of Australian Agricultural and Resource Economics Society - https://doi.org/10.1111/1467-8489.12227en
dc.relation.urihttps://doi.org/10.1111/1467-8489.12227en
dc.rights© 2017 Australian Agricultural and Resource Economics Society Inc.
dc.subjectdevelopment attitudesen
dc.subjectfarmer typologiesen
dc.subjectgrowth challengesen
dc.subjecthuman capitalen
dc.subjectobjectives and typologiesen
dc.subjectpersonality and farm growthen
dc.subjectAgricultural Economics & Policyen
dc.titleWhy small farms persist? The influence of farmers’ characteristics on farm growth and development. The case of smaller dairy farmers in NZen
dc.typeJournal Article
lu.contributor.unitLincoln University
lu.contributor.unitFaculty of Agribusiness and Commerce
lu.contributor.unitDepartment of Land Management and Systems
dc.identifier.doi10.1111/1467-8489.12227en
dc.subject.anzsrc0701 Agriculture, Land and Farm Managementen
dc.subject.anzsrc070106 Farm Management, Rural Management and Agribusinessen
dc.relation.isPartOfAustralian Journal of Agricultural and Resource Economicsen
pubs.issue4en
pubs.notesEarly Viewen
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublished onlineen
pubs.volume61en
dc.identifier.eissn1467-8489en
lu.identifier.orcid0000-0003-2040-155X
lu.identifier.orcid0000-0002-1964-8937


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