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| Adelaja, Adesoji O.; Miller, Tracy; Taslim, Mohammad. |
| The role of land values in the dairy industry of an urban-influenced region is investigated by estimating a dairy herd equation based on pooled cross-section and time-series data from counties in New Jersey, Pennsylvania, and New York. The use of cross-terms between hypothesized causal variables and a dummy variable capturing the effect of location allowed the estimation of the differences across states in the effects of milk, feed, and land prices. Results confirm the important role of rising land values in the decline of the dairy industry in the tri-state area, and suggest greater vulnerability of dairy enterprises in urban-influenced areas to rising adverse economic forces. The adverse effects of declining milk prices and higher land values are... |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 1998 |
URL: http://purl.umn.edu/31507 |
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