| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
DAIRY FARM SIZE, ENTRY, AND EXIT IN A DECLINING PRODUCTION REGION
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| Autores: |
Rahelizatovo, Noro C.
Gillespie, Jeffrey M.
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| Data: |
2003-02-06
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| Ano: |
1999
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| Palavras-chave: |
Dairy farms
Markov chain analysis
Seemingly unrelated regression
Marketing
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| Resumo: |
As with most agricultural industries, the U.S. dairy industry has evolved into a structure including fewer yet larger firms. In Louisiana, total milk production has declined along with dairy farm numbers since 1972. This study addresses the impact of alternative policies, macroeconomic factors, and technology on the structure of the Louisiana dairy industry using a micro-data non-stationary Markov chain analysis. Results indicate that a number of factors have affected the structure of the industry in Louisiana, including but not limited to prices, milk supply reduction programs, technology and interest rates.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
7160
http://purl.umn.edu/15372
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 31, Number 02, August 1999
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| Formato: |
15
application/pdf
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