THE PRODUCTION STRUCTURE OF PENNSYLVANIA DAIRY FARMS

William Grisley and Kangethe W. Gitu

Northeastern Journal of Agricultural and Resource Economics, 1984, vol. 13, issue 2, 9

Abstract: The production structure of a selected cross-section sample of family owner-operated dairy farms is investigated using a translog variable cost function. Elasticities of scale, input substitution, and input own- and cross-price elasticities are estimated. At the sample mean herd size of 67 cows producing at 15,173 pounds of milk per cow, the elasticity of scale parameter was 1.00, implying constant returns to scale. The elasticities of substitution between feeds and hired labor and the own- and cross-price elasticities were inelastic.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1984
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:nejare:28925

DOI: 10.22004/ag.econ.28925

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