Sustainable Rates of Return for Milk Quotas in Ontario

GianCarlo Moschini and Karl D. Meilke

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: This paper utilizes the capital asset pricing model, together with available econometric estimates of the cost function of Ontario dairy farms, to estimate rates of returns for three types of milk quotas. The estimated rates follow the trend of the interest rate in the economy, and the rate of return on fluid milk quota is higher than the rate of return on industrial milk quotas.

Date: 1988-03-01
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Related works:
Journal Article: Sustainable Rates of Return for Milk Quotas in Ontario (1988)
Working Paper: Sustainable Rates of Return for Milk Quotas in Ontario (1988)
Working Paper: Sustainable Rates Of Return For Milk Quotas In Ontario (1987)
Working Paper: Sustainable Rates of Return for Milk Quotas in Ontario (1987)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:198803010800001172

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