Aggregate Milk Supply Response and Investment Behavior on U.S. Dairy Farms

Jean-Paul Chavas () and Richard M. Klemme

American Journal of Agricultural Economics, 1986, vol. 68, issue 1, 55-66

Abstract: This paper presents a dynamic model of herd composition and supply response in the U.S. dairy sector. By incorporating biological information, the influences of the economic environment on culling rates and the dynamics of the dairy cow population are analyzed. Short-run and long-run supply elasticities provide considerable insights on milk supply adjustments over time.

Date: 1986
References: Add references at CitEc
Citations: View citations in EconPapers (64)

Downloads: (external link)
http://hdl.handle.net/10.2307/1241649 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Aggregate Milk Supply Response and Investment Behavior on U.S. Dairy Farms (1984)
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:oup:ajagec:v:68:y:1986:i:1:p:55-66.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().