Samson, G.S.; Gardebroek, Koos; Jongeneel, Roelof A. - European Association of Agricultural Economists - EAAE - 2012
This 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...