The Cost Function Structure of Dutch Dairy Farms: Effects of Quota abolition and Price Volatility

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dc.creatorSamson, G.S. (Sabrina)
dc.creatorGardebroek, Koos
dc.creatorJongeneel, Roelof A.
dc.date2017-04-01T19:55:09Z
dc.date.accessioned2026-07-09T06:11:26Z
dc.descriptionThis paper investigates potential impacts on milk production of Dutch dairy farms if feed prices increase, milk prices decrease and milk quotas are abolished. A quadratic cost function is estimated using panel data on individual dairy farms of the Dutch FADN. Marginal costs and revenues are evaluated to show the heterogeneous farm-level impact of changing prices on potential production developments. The main finding is that potential increases in milk production when quota are abolished, are offset by a decreasing marginal revenue due to lower milk prices, and increasing marginal costs due to higher feed prices.
dc.identifierdoi:10.22004/ag.econ.125956
dc.identifierhttps://ageconsearch.umn.edu/record/125956/files/Samson_et_al.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/125956
dc.identifier.urihttp://hdl.handle.net/123456789/573482
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/125956
dc.titleThe Cost Function Structure of Dutch Dairy Farms: Effects of Quota abolition and Price Volatility
dc.typeText

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