Spatiotemporal Analysis of Dairy Farm Productivity, Size, and Entry-Exit in the US

Jang Heesun and Xiaodong Du ()

No 169824, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association

Abstract: The US dairy industry has experienced significant structural changes in the last few decades. Dairy production has been consolidated into fewer but larger farms, and shifting toward Western and Southern states from traditional dairy regions including the Lake States and Corn Belt. The changes also involved significant entry and exit of small- and medium-sized farms. The paper attempts to characterize patterns of dynamic evolution of productivity, size, and entryexit of dairy farms over time and across major production regions in the US. The analysis sheds light on the contribution of farm and regional characteristics on farm-level productivity changes. Regional differences in climate and economic interconnection between farm productivity and entry-exit are also examined with a focus on the distinction among dairy farm sizes.

Keywords: Industrial Organization; Livestock Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 36
Date: 2014
New Economics Papers: this item is included in nep-agr and nep-eff
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:169824

DOI: 10.22004/ag.econ.169824

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