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http://hdl.handle.net/10419/38622
  
Title:On flexibility PDF Logo
Authors:Weiss, Christoph R.
Briglauer, Wolfgang
Issue Date:2000
Series/Report no.:FE working paper // University of Kiel, Department of Food Economics and Consumption Studies 0003
Abstract:By building on theoretical work by Mills and Schumann (1985) and Ungern-Sternberg (1990) this paper provides evidence on the determinants of two dimensions of flexibility, the flexibility in adjusting aggregate output over time (tactical flexibility) as well as the ability to switch quickly between products (operational flexibility). Econometric analysis of a sample of 40.000 farms in Upper-Austria for the period 1980 to 1990 suggests that larger full-time farms operated by younger, better educated farm operators are more flexible, ceteris paribus. The results further indicate a significant and negative interrelationship between tactical and operational flexibility.
Subjects:tactical and operational flexibility
panel data
farm households
JEL:L11
Q12
D23
Document Type:Working Paper
Appears in Collections:FE Working Papers, Department of Food Economics and Consumption Studies, CAU Kiel

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