MILK SUPPLY RESPONSE IN CALIFORNIA: EFFECTS OF PROFITABILITY VARIABLES AND REGIONAL CHARACTERISTICS

Robert A. Milligan

Western Journal of Agricultural Economics, 1978, vol. 03, issue 2, 8

Abstract: This article discusses supply response for milk in California with the emphasis on the impact of profitability of milk production. Profitability variables are specified as profit margin per cow due to the availability of cost of production data. California production is disaggregated into five regional response equations for market (Grade A) milk and an equation for manufacturing milk (Grade B). Econometric results for larger, more specialized dairies indicate very inelastic responses and long production lags. Results for smaller, less specialized dairies indicate elastic responses and somewhat shorter lags.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1978
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32556/files/03020157.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32556

DOI: 10.22004/ag.econ.32556

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().