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Comparison of milk production costs among EU members AgEcon
Mach, Jiri; Rezbova, Helena.
This paper attempts to identify factors which influence the effectiveness of milk production. The basic aim is to compare levels of costs in the dairy industry between Czech and European producers. The average cost per 100 kg ECM milk is determined from data provided by the European Dairy Farmers association (EDF). The total costs per 1 litre of Czech milk producers are on the European average level with high production efficiency. The problem is only in the utilisation of basic production factors, especially land and labour.
Tipo: Journal Article Palavras-chave: Milk production; Costs; Profitability; Production factors; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/96847
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Modelling The Cattle Breeding Production in the Czech Republic AgEcon
Mach, Jiri; Kristkova, Zuzana.
This paper proves that the use of the Cobb-Douglas form of production function is suitable for modelling the technological efficiency of selected production factors used in cattle breeding. Furthermore, it is possible to use the estimated function to analyse economic efficiency, considering also the prices of the production factors. The results of the econometric estimation show that higher initial weight affects negatively the dynamics of weight gain. Analysing the efficiency of the two main feedstuff components, i.e. the haylage and hay, it was found out that the increases in weight react inelastically with respect to the volume of feedstuffs, which is in line with the physiological limits of the animal production. The results further reveal that the...
Tipo: Journal Article Palavras-chave: Cobb-Douglas production function; Panel data; Fixed effects; Gain in weight; Beef fattening.; Livestock Production/Industries; Production Economics; GA; IN.
Ano: 2010 URL: http://purl.umn.edu/96873
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