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Registros recuperados: 5
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Does Gibrat's Law Hold Amongst Dairy Farmers in Northern Ireland? AgEcon
Kostov, Philip; Patton, Myles; Moss, Joan E.; McErlean, Seamus.
This paper tests whether the Law of Proportionate Effects (Gibrat, 1931), which states that farms grow at a rate that is independent of their size, holds for the dairy farms in Northern Ireland. Previous studies have tended to concentrate on testing whether the law holds for all farms. The methodology used in this study permits investigation of whether the law holds for some farms or all farms according to their size. The approach used avoids the subjective splitting of samples, which tends to bias results. The finding shows that the Gibrat law does hold except in the case of small farms. This is in accordance with previous findings that Gibrat's law tends to hold when only larger farms are considered, but tends to fail when smaller farms are included in...
Tipo: Conference Paper or Presentation Palavras-chave: Gibrat's law; Quantile regression; Sample selection bias; Integrated Conditional Moments test; Agricultural and Food Policy; C12; C14; O49; Q19.
Ano: 2005 URL: http://purl.umn.edu/24775
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“Waiting for Godot”- Restructuring on Small Family Farms AgEcon
Jack, Claire G.; Moss, Joan E.; Wallace, Michael T..
This paper examines the extent to which favourable off-farm labour market conditions coupled with growth in land values have contributed to the observed resilience of small scale family farms. We use data from Northern Ireland and employ farm household optimisation models to analyse household decision making processes that contribute to the observed inertia in farm structure. The analysis indicates that farm household behaviour is influenced not just by current farm income, but also expected capital asset returns. Increased wealth, associated with continuing land ownership, gives rise to the proposition that the link between off-farm incomes, increased land values and remaining in farming may be associated with farmers pursuing wealth maximizing...
Tipo: Conference Paper or Presentation Palavras-chave: Farm households; Resilience; Wealth accumulation; Off-farm income; Consumer/Household Economics; Productivity Analysis; C61; Q12.
Ano: 2009 URL: http://purl.umn.edu/52835
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A Stochastic Analysis of the Impact of Volatile World Agricultural Prices on European and UK Agriculture AgEcon
Moss, Joan E.; Binfield, Julian C.R.; Zhang, Lichun; Patton, Myles; Kim, In Seck.
Successive Common Agricultural Policy (CAP) reforms and trade liberalisation have led to a more market-orientated European agricultural sector, with EU commodity prices now more closely linked to world prices. As a consequence EU prices have become more volatile. Greater price volatility increases uncertainty and raises fresh challenges for projections of policy impacts in the EU. To take account of world price volatility stochastic modelling has been applied to the FAPRI-EU partial equilibrium model, which includes a UK modelling system. Stochastic modelling provides a means to capture some of the inherent uncertainty associated with agricultural production systems. By varying assumptions about certain exogenous variables, stochastic models can be used to...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Stochastic modelling; Agricultural and Food Policy.
Ano: 2011 URL: http://purl.umn.edu/108771
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Do EU direct payments to beef producers belong in the ‘blue box’? AgEcon
McErlean, Seamus; Wu, Ziping; Moss, Joan E.; IJpelaar, Jos; Doherty, Andrew.
In the Uruguay Round Agreement on Agriculture, so-called ‘blue box’ support measures were exempted from reduction commitments, provided they were delivered under ‘production-limiting’ programs. Although classified as ‘blue box’, the EU system of direct payments (DP) to beef farmers imposes ‘claim-limiting’ restrictions rather than ‘production-limiting’ restrictions, allowing farmers to keep additional animals over and above the number upon which they are eligible to claim DP. The present paper provides empirical evidence that EU direct payments capitalise into the market prices of male calves and young steers in Ireland. It is also likely that DP capitalises into the prices of beef cows and heifers. Given this capitalisation process, some farmers can...
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/116173
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Impact of the abolition of EU Milk quotas on Agriculture in the UK AgEcon
Patton, Myles; Binfield, Julian C.R.; Moss, Joan E.; Kostov, Philip; Zhang, Lichun; Davis, John; Westhoff, Patrick C..
In recent years the CAP has undergone significant reforms, but the dairy sector has largely avoided wholesale changes. The sector, however, is now faced with a significant effort by the Commission to instigate reform. In this study the FAPRI-UK modelling system is simulated to identify the impact of abolishing or phasing out EU milk quotas on the dairy sector in the UK and the results are compared against a 2007 Baseline projection (2007--2016). The results demonstrate that although the impact of the abolition of dairy quotas is fairly modest at the EU-25 level, significant impacts are apparent at the individual country level.
Tipo: Conference Paper or Presentation Palavras-chave: Milk Quotas; CAP Reform; Commodity Modelling; Agricultural and Food Policy; International Relations/Trade; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6650
Registros recuperados: 5
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