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| Registros recuperados: 20 | |
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| Donnellan, Trevor; Hanrahan, Kevin F.; Hennessy, Thia C.. |
| This paper describes a conceptual framework for the empirical analysis of farmers’ labour allocation decisions. The paper presents a brief overview of previous farm household labour allocation studies. Following this, the agricultural household model, developed by Singh, Squire and Strauss (1986), which has been frequently applied to the study of labour allocation, is described in more depth. The agricultural household model, the theoretical model to be used in this analysis, is based on the premise that farmers behave to maximise utility, which is a function of consumption and leisure. It follows that consumption is bound by a budget constraint and leisure by a time constraint. The theoretical model can then be used to explain how farmers decide to... |
| Tipo: Working Paper |
Palavras-chave: Labour markets; Institutional framework; Labor and Human Capital. |
| Ano: 2012 |
URL: http://purl.umn.edu/123280 |
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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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| O'Toole, Conor M.; Newman, Carol F.; Hennessy, Thia C.. |
| This paper uses a fundamental Q model of investment to consider the role played by financing frictions in agricultural investment decisions, controlling econometrically for censoring, heterogeneity and errors-in-variables. Our findings suggest that farmer's investment decisions are not driven by market fundamentals. We find some evidence that debt overhang restricts investment but investment is not dependent on liquidity or internal funds. The role of financing frictions in determining investment decisions changes in the post-financial crisis period when debt overhang becomes a significant impediment to farm investment. The evidence suggests that farmers increasingly rely on internal liquidity to drive investment. Finally, we find no evidence that farmers... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Credit Constraints; Firm Level Investment; Tobin's Q; Debt; Agricultural Finance; G31; G32; F34. |
| Ano: 2011 |
URL: http://purl.umn.edu/114568 |
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| Shrestha, Shailesh; Hennessy, Thia C.. |
| This paper describes a methodology to assess the impact of the decoupling of payments on Irish farms at a regional level. The methodology is based on a farm level dynamic linear programming model which optimises regional gross margin under a set of constraints. Regionally representative farms are selected using cluster analysis. The model maximises aggregate gross margins from all the farm types in a region allowing land and milk quota to transfer between farms within the region. The model is estimated for a baseline scenario, assuming no policy change, and under a decoupled scenario where farm payments are fully decoupled from production. An example of an impact study at the Border region in Ireland is presented in this paper to demonstrate the methodology. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Decoupling; Linear Programming; Cluster analysis; Agricultural policy; Regional level; Agricultural and Food Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/25458 |
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| Hennessy, Thia C.; Kelly, Paul W.; Breen, James P.. |
| The paper is a case study of how the Luxembourg Agreement of the Mid-Term Review of the Common Agricultural Policy may affect the structure of dairy and beef farming in the Republic of Ireland over the period 2002 to 2012. It describes the process used to assess some structural implications of a policy change. The data source for the paper is the Irish National Farm Survey. Prices of inputs and outputs following the policy change are obtained from a dynamic partial equilibrium model of the agricultural sector. Linear Programming is used to calculate the maximum profit on different farm types. Labour allocation on farms is estimated using a logit function. Exit from dairy production is also estimated. Some example results on dairy and beef farms are... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Adjustment; Policy; Logit function; Labour allocation; Agricultural and Food Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/15753 |
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| Donnellan, Trevor; Hanrahan, Kevin F.; Hennessy, Thia C.. |
| Following the identification of relevant labour market characteristics in Deliverable 9.1 (Factor Markets Working Paper No. 25), a survey was designed and implemented across the participant countries in the Factor Markets project. These survey results are detailed in this paper, Deliverable 9.3. The focus is of the survey, which was completed with the assistance of project partner teams, included, employment market, labour legislation, wage-setting mechanisms, unions, taxation and social benefits, education and training, labour mobility and general features of agriculture. Based on the questions posed and the responses received in the survey, in broad terms the agricultural labour market characteristics in the countries under study are not as heterogeneous... |
| Tipo: Working Paper |
Palavras-chave: Labour Markets; Institutional framework; Questionnaire; Labor and Human Capital. |
| Ano: 2012 |
URL: http://purl.umn.edu/123281 |
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| Hennessy, Thia C.. |
| This paper examines intergenerational succession on Irish dairy farms. The factors that influence the decision to enter dairying farming are examined using a binary choice logit model. Reasons that are frequently published in the popular farming press as being an obstacle to intergenerational succession are analysed and the significance of their effect is quantified. Results show that the level of education of the heir is the most significant factor in the succession decision. Heir's with third level education are 30% less likely to enter dairy farming than their second level only educated counterparts. The sizes of milk quota and income that are associated with high probabilities of succession are identified. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Dairy Farming; Structural Change; Succession; Logit Model; Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/24953 |
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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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| Hennessy, Thia C.; Shrestha, Shailesh. |
| In the wake of policy reforms such as the MTR of the CAP and WTO arrangements, many policy analysts are questioning the value of retaining the EU milk quota system in its current form and one policy reform option that has been discussed in advance of the 2008 Health Check of the CAP is the international transfer of quota rights between member states. A methodology for simulating a free market for milk quota is outlined in this paper with a view to extending the work to other member states to determine which member states would supply and demand milk quota if an international market for quotas was established. The analysis, conducted for Ireland, uses National Farm Survey data from 491 dairy farms to estimate the aggregate demand for and supply of milk... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2007 |
URL: http://purl.umn.edu/7982 |
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| Registros recuperados: 20 | |
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