Agricultural Policies and Structural Change in French Dairy Farms: A Nonstationary Markov Model

Sammanfattning

The aim of this paper is to gain an understanding into how agricultural policies have affected structural change in the French dairy sector. A nonstationary Markov model is estimated using a Generalized Cross Entropy approach. Results show that while the price of cow's milk encourages farm growth, direct payments and quota restriction favor small farms. The price signal is a key factor of structural change. As a result, higher milk prices may accelerate the trend toward the further growth of dairy farms. Settlement policy and technical change seem not to slow this trend.

Publicerad i

Canadian Journal of Agricultural Economics / Revue canadienne d'agroeconomie
2015, volym: 63, nummer: 1, sidor: 19-42

SLU författare

• Karantininis, Konstantinos

  • Institutionen för ekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Nationalekonomi
Företagsekonomi

Publikationens identifierare

• DOI: https://doi.org/10.1111/cjag.12036

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/54133