Work

A micro-economic analysis of dairy farming in the Netherlands

Year: 1993

Type: article

Abstract: A unified framework for analysing the short-term production relationships between outputs and inputs on Dutch dairy farms before and after the introduc-tion of the milk quota system is presented. It is derived from duality theory and estimated using an incomplete panel of Dutch dairy farms. The theoretical framework fits the data well. The supply of unrestricted outputs and the demand for variable inputs are much more responsive to milk quota changes than to price changes. The average estimated shadow price of milk quota in 1984/85-1988/89 was 0.36 guilder per kilogram in 1980/81 prices. The scarcity of milk quota and resources is further investigated for different types of dairy farms. It appears that high shadow prices of quasi-fixed inputs go together with low shadow prices of milk quota.

Source: European Review of Agricultural Economics

DOI: 10.1093/erae/20.3.343

Authors: JOHN HELMING, ARIE OSKAM, GEERT THIJSSEN

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W2170415537

FWCI: 3.926

Cites:

Cited by: 26

Related to: 10