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Working Papers (Resource Economics & Environmental Sociology)
The purpose of the Resource Economics and Environmental Sociology "Working Paper" series is to provide a forum to accelerate the presentation of issues, concepts, ideas and research results within the academic and professional community. Working Papers are published without peer review.
Items in this Collection
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1996
Jeffrey, Scott, Richards, Timothy J.
This study investigates the relationships between farm size, milk yield, cost of production, and technical efficiency in the Alberta dairy industry. Estimates of a stochastic production frontier are obtained with two alternative methods; an iterative \"average frontier\" (AF) procedure and a...
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1998
Jeffrey, Scott, Richards, Timothy J.
Dairy production at the farm-level is undergoing a rapid transformation in preparation for more open competition in the future. However, the means by which dairy farms can best improve their economic performance is of some question. Using measures of allocative, technical, and overall efficiency...
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1999
This paper examines alternative risk management strategies in terms of their effectiveness for three representative Alberta farm operations. Stochastic dynamic simulation methods are used to model financial performance for these farms, and alternative risk management programs are compared in...