When to Exit Dairy Farming: The Value of Waiting
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.121632
Download full text from publisher
References listed on IDEAS
- Tauer, Loren W., 2006.
"When to Get In and Out of Dairy Farming: A Real Option Analysis,"
Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(2), pages 1-9, October.
- Tauer, Loren W., 2006. "When to Get In and Out of Dairy Farming: A Real Option Analysis," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 339-347, October.
- Tauer, Loren W., 2004. "When to Get In and Out of Dairy Farming: A Real Option Analysis," Working Papers 127151, Cornell University, Department of Applied Economics and Management.
- Tauer, Loren W., 2006. "When to Get In and Out of Dairy Farming: A Real Option Analysis," 2006 Annual meeting, July 23-26, Long Beach, CA 21251, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Loren Tauer, 2005. "When to Get In and Out of Dairy Farming: A Real Option Analysis," Finance 0504018, University Library of Munich, Germany.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Seyoum, Emayenesh & Chan, Chris, 2012. "A real-options analysis of wine grape farming in north west Victoria," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124446, Australian Agricultural and Resource Economics Society.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Feil, Jan-Henning & Musshoff, Oliver, 2013. "Investment, disinvestment and policy impact analysis in the dairy sector: a real options approach," Structural Change in Agriculture/Strukturwandel im Agrarsektor (SiAg) Working Papers 159229, Humboldt University Berlin, Department of Agricultural Economics.
- Venus, Thomas & Punt, Maarten & Wesseler, Justus, 2015. "Influence of voluntary GMO-free production standards on the reputation and flexibility of agricultural value chains," 2015 Conference, August 9-14, 2015, Milan, Italy 211920, International Association of Agricultural Economists.
- repec:ags:aaea22:335880 is not listed on IDEAS
- Heikkinen, T. & Pietola, K., 2009.
"Investment and the dynamic cost of income uncertainty: The case of diminishing expectations in agriculture,"
European Journal of Operational Research, Elsevier, vol. 192(2), pages 634-646, January.
- Heikkinen, Tiina & Pietola, Kyosti, 2006. "Investment and the Dynamic Cost of Income Uncertainty: the Case of Diminishing Expectations in Agriculture," Discussion Papers 11868, MTT Agrifood Research Finland.
- Stokes, Jeffrey R., 2006.
"Entry, Exit, and Structural Change in Pennsylvania's Dairy Sector,"
Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(2), pages 1-17, October.
- Stokes, Jeffrey R., 2006. "Entry, Exit, and Structural Change in Pennsylvania's Dairy Sector," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 357-373, October.
- Twine, Edgar E. & Omore, Amos & Githinji, Julius, 2018. "Uncertainty in milk production by smallholders in Tanzania and its implications for investment," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(1).
- repec:ags:aaea13:150610 is not listed on IDEAS
- Nadolnyak, D. & Griffin, B. & Hartarska, V., 2018. "Farmer Retirement and Disinvestment in the U.S," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277184, International Association of Agricultural Economists.
- Griffin, Bretford & Nadolnyak, Denis A. & Hartarska, Valentina, 2018. "Exit and Disinvestment of Retirement Age Farmers in the US," 2018 Annual Meeting, August 5-7, Washington, D.C. 273975, Agricultural and Applied Economics Association.
- Connor, Jeffery D. & Kandulu, John M. & Bark, Rosalind H., 2014. "Irrigation revenue loss in Murray–Darling Basin drought: An econometric assessment," Agricultural Water Management, Elsevier, vol. 145(C), pages 163-170.
- Pieralli, Simone & Hüttel, Silke & Odening, Martin, 2014. "Abandonment of milk production under uncertainty and inefficiency: The case of West German farms," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170236, Agricultural and Applied Economics Association.
- Roman Neyter & Oleg Nivievskyi, 2023. "Effect of subsidies on farms' exit decision," Agribusiness, John Wiley & Sons, Ltd., vol. 39(4), pages 941-959, October.
- Delbridge, Timothy A., 2013. "Threshold Effects in Transition to Organic Dairy Production," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150554, Agricultural and Applied Economics Association.
- Seyoum, Emayenesh & Karanja, Francis, 2014. "Investment decisions of dairy farmers in south-west Victoria under price and yield uncertainty," 2014 Conference (58th), February 4-7, 2014, Port Macquarie, Australia 183419, Australian Agricultural and Resource Economics Society.
- Calum G. Turvey, 2010. "Biography," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 70(1), pages 5-20, May.
- Nemanja Jalić & Črtomir Rozman & Željko Vaško & Karmen Pažek, 2022. "Determining the Extent of Economical Sustainability of a Case Study Milk Farm in Bosnia and Herzegovina Based on the Real Options Model," Sustainability, MDPI, vol. 14(19), pages 1-14, September.
- Feil, Jan-Henning & Mußhoff, Oliver, 2016. "Analysing investment and disinvestment decisions under uncertainty, firm heterogeneity and tradable output permits," DARE Discussion Papers 1602, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
- Griffin, Bretford & Hartarska, Valentina & Nadolnyak, Denis, 2018. "Entry and Exit from Farming: Insights from 5 Rounds of Agricultural Census Data," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266616, Southern Agricultural Economics Association.
- Lopez, Rigoberto & Rabinowitz, Adam & Plesha, Nataliya, 2013.
"Economic and Sustainability Impacts of Connecticut's Public Act 09-229 to Support Dairy Farming,"
Outreach Reports
170438, University of Connecticut, *Charles J. Zwick Center for Food and Resource Policy.
- Rigoberto A. Lopez & Nataliya Plesha, 2013. "Economic And Sustainability Impacts Of Connecticut’S Public Act 09-229 To Support Dairy Farming," Outreach Reports 17, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
- McClintock, Anthea, 2009. "Investment in irrigation technology: an application of real options analysis," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47934, Australian Agricultural and Resource Economics Society.
- Tubetov, Dulat & Musshoff, Oliver & Kellner, Ulla, 2012. "Investments in Kazakhstani Dairy Farming: A Comparison of Classical Investment Theory and the Real Options Approach," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 51(3), pages 1-28, August.
- Feil, Jan-Henning & Mußhoff, Oliver, 2016. "Investment And Disinvestment Under Uncertainty, Firm Heterogeneity And Tradable Output Permits," 56th Annual Conference, Bonn, Germany, September 28-30, 2016 244756, German Association of Agricultural Economists (GEWISOLA).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:cudaeb:121632. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dacorus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.