Question
Question 3: Reading comprehension - Economies of scale in farming in Vietnam Read the following journal article, an academic research on scale and scope economies
Question 3: Reading comprehension - Economies of scale in farming in Vietnam Read the following journal article, an academic research on scale and scope economies in small household rice farming in Vietnam (Hoang, et al., 2021), as cited below.
Reference:HOANG, V.N., Nguyen, T.T., Wilson, C., Ho, T.Q. and Khanal, U., 2021. Scale and scope economies in small household rice farming in Vietnam.Journal of Integrative Agriculture,20(12), pp.3339-3351. This is an academic research article which is long and advanced about complex economics problems. For the sake of this assignment 2, you are only required to read section 1 - Introduction, paragraphs 1 and 2; section 3.2 - Estimated Economies of Scale and section 4 - Conclusions. Read for the evidence of economies of scale in the farming activities in Vietnam, and answer the following questions. a) Would economies of scale be applied for farming households cultivating specific-crop types or for the ones doing multiple crops? What are the main reasons of the economies of scale reviewed in the literature of farming production in Asia? b) Based on the empirical data of farming households in Vietnam, what is the suggestion of the empirical results for the type of farming households to gain scale economies? What production areas are suggested for each type of crops for the scale economies?
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