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The Development and Purposes of Farm-Cost Investigation in the United States

M. K. Bennett

The Quarterly Journal of Economics · 1926 · Volume 40 · Issue 2

DOI: 10.2307/1884620

Abstract

I. Four methods of collecting cost data: route method, survey method, questionnaire, farmer's record, 274. — History of the movement, 275. — II. Influences promoting the movement, 277. — Efficiency, country life, tariff inquiries, cost in relation to price, 278. — III. Price-fixing as an object, 283. — Farm efficiency, 284. — IV. Difficulties in the way of accuracy, 286. — How deal with managerial ability, rent and land value, joint costs, 287. — Cost records of doubtful value; problems of averaging, 287. — Not easy to advise farmers what to produce, 291. — Conclusion, 293.

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