STRUCTURAL CHANGE IN U.S. CHEESE MANUFACTURING: A TRANSLOG COST ANALYSIS OF A PANEL OF CHEESE PLANTS

Jorge M. Agüero and Brian Gould

No 20274, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Over the last 20 years the cheese manufacturing sector has become the most important market for U.S. farm milk. Using a plant-level dataset encompassing the 1972-1997 period we examine the production characteristics of this industry. Using the results obtained from our cost function we estimate a series of measures of input substitutability and scale economies.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2004
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