| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
A BIO-ECONOMIC DYNAMIC PROGRAMMING ANALYSIS OF THE SEASONAL SUPPLY RESPONSE BY FLORIDA DAIRY PRODUCERS
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| Autores: |
Gao, Xiaoming
Spreen, Thomas H.
Delorenzo, Michael A.
|
| Data: |
2003-04-07
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| Ano: |
1992
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| Palavras-chave: |
Demand and Price Analysis
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| Resumo: |
Seasonal price premiums have been proposed as a means of dampening the highly seasonal patterns of milk production in Florida. A Markov decision bio-economic model of the breeding and replacement decisions was solved via stochastic dynamic programming and used to analyze the potential supply response to seasonal price premiums. The results of the analysis suggest that the seasonal milk supply in Florida is highly price inelastic.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
8069
http://purl.umn.edu/29628
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| Editor: |
AgEcon Search
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| Relação: |
Southern Journal of Agricultural Economics>Volume 24, Number 02, December 1992
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| Formato: |
10
application/pdf
|
