Abandonment of milk production under uncertainty and inefficiency: the case of western German Farms
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- Steele C. West & Amin W. Mugera & Ross S. Kingwell, 2024. "The impact of repayment obligations arising as a by‐product of input use on partial inefficiency: Evidence from Western Australian farm businesses," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 68(3), pages 678-700, July.
- Sarah Ann Wheeler & Ying Xu & Alec Zuo, 2020. "Modelling the climate, water and socio-economic drivers of farmer exit in the Murray-Darling Basin," Climatic Change, Springer, vol. 158(3), pages 551-574, February.
- Plogmann, Jana & Mußhoff, Oliver & Odening, Martin & Ritter, Matthias, 2022. "Farmland sales under returns and price uncertainty," Economic Modelling, Elsevier, vol. 117(C).
- Iordanis Parikoglou & Grigorios Emvalomatis & Fiona Thorne, 2022. "Precision livestock agriculture and productive efficiency: The case of milk recording in Ireland," Agricultural Economics, International Association of Agricultural Economists, vol. 53(S1), pages 109-120, November.
- Fertő, Imre & Bojnec, Štefan & Iwasaki, Ichiro & Shida, Yoshisada, 2024. "Why do corporate farms survive in Central and Eastern Europe?," Agricultural Systems, Elsevier, vol. 218(C).
- Roman Neyter & Oleg Nivievskyi, 2023. "Effect of subsidies on farms' exit decision," Agribusiness, John Wiley & Sons, Ltd., vol. 39(4), pages 941-959, October.
- West, Steele, 2021. "The Estimation of Farm Business Inefficiency in the Presence of Debt Repayment," 2021 Conference, August 17-31, 2021, Virtual 315048, International Association of Agricultural Economists.
- Fabian Frick & Johannes Sauer, 2021. "Technological Change in Dairy Farming with Increased Price Volatility," Journal of Agricultural Economics, Wiley Blackwell, vol. 72(2), pages 564-588, June.
- Schulte, Hinrich D. & Armbrecht, Linda & Bürger, Rasmus & Gauly, Matthias & Musshoff, Oliver & Hüttel, Silke, 2018. "Let the cows graze: An empirical investigation on the trade-off between efficiency and farm animal welfare in milk production," Land Use Policy, Elsevier, vol. 79(C), pages 375-385.
- Orozco, Richard & Meyer-Jürshof, Marie & Vergara-Rodríguez, Karla & Václavík, Tomáš & Sietz, Diana, 2024. "Dynamic archetypes of agricultural land systems in Germany from 1992 to 2019," Land Use Policy, Elsevier, vol. 145(C).
- Theodoros Skevas & Wyatt Thompson & Scott Brown & Victor E. Cabrera, 2021. "Milk Income over Feed Cost Margin, Margin Protection Program, and Farm Finances for a Sample of Wisconsin Dairies in 2000–2017," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(4), pages 1638-1657, December.
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Keywords
efficiency; market exit; real options; dairy production;All these keywords.
JEL classification:
- D20 - Microeconomics - - Production and Organizations - - - General
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
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