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| Smyth, Paul; Harte, Laurence; Hennessy, Thia C.. |
| This paper examines the relationship between calving date and production costs on Irish dairy farms from 2000-2007. Using data from the National Farm Survey, the median calving dates of 400 dairy farms are studied each year using econometric analysis to determine the relationship between calving date and production costs. Farms are divided into five categories according to their median calving date. These categories are imputed into a panel dataset as dummy variables. Unobservable individual effects are controlled for using a fixed effect model; examples of such effects are land quality and managerial ability, Results suggest that when scale and those unobserved effects are controlled for, there was no significant difference in total cost of production per... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Seasonality; Fixed effect; Calving date; Production Economics. |
| Ano: 2009 |
URL: http://purl.umn.edu/51076 |
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| Smyth, Paul; Butler, Anne Marie; Hennessy, Thia C.. |
| This paper reviews the economic performance of Irish dairy farms over the period 1998 to 2006. Econometric techniques are employed to examine the variation in cost structures and to identify the factors affecting farm profitability. The overall objective of the paper is to establish the long term sustainability of dairy farming in Ireland and to explore the ability of farmers to cope with the potential price volatility that may arise out of a WTO agreement or reforms to the EU milk quota regime. National Farm Survey data from Ireland are used to analyse production costs. Average cost curves are shown for the Irish dairy industry and are compared to the results of similar analysis conducted for England and Wales. |
| Tipo: Conference Paper or Presentation |
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| Ano: 2008 |
URL: http://purl.umn.edu/36870 |
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