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- 4Jeffrey, Scott
- 3Richards, Timothy J.
- 2Veeman, Michele M.
- 1Chen, Kevin Z.
- 1Dong, Xizo-yuan
- 1Grant, Heather-Anne R.
- 7Resource Economics and Environmental Sociology, Department of
- 4Resource Economics and Environmental Sociology, Department of/Staff Papers (Resource Economics & Environmental Sociology)
- 3Resource Economics and Environmental Sociology, Department of/Project Reports (Resource Economics & Environmental Sociology)
The World Trade Organization is currently formulating an agenda for a new round of global trade negotiations. Therefore, the likelihood of increased competition within Canada's supply managed dairy industry is probable. Consequently, there is a greater need for producers to be concerned with...
The Canadian dairy industry faces a changing market environment as processors react to apparent shifts in consumers' preferences, consumers react to an altered mix of products on retail dairy shelves, and industry adjusts to potential pressures of competition and the challenge of new market...
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...
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...
This study investigates the use of hedonic pricing to identify the value of relevant production and type traits for dairy bulls in Alberta. A hedonic pricing model is estimated that models semen price as a function of individual production and longevity characteristics for a sample of Holstein...
The Economics of a Regulated Dairy Market: An Empirical Analysis of Factors Determining the Value of Fluid Milk QuotaDownload
Based on the hypothesis that tradeable marketing quotas may be analysed as an economic input in the production process of regulated firms, the standard capital asset pricing model is adapted to assess the impact of expectations of quota rents on Ontario fluid milk quota values. The analysis...
The Simple Analytics of Transferable Production Quota: Implications for the Marginal Cost of Ontario Milk ProductionDownload
Using the fact that separate markets exist for used and unused quota, this paper derives a formula to compute the marginal cost of the milk production along a competitive dynamic optimization model. It is showed that, under a perfect competitive quota market, the difference between unused quota...