Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by GRANT, K. G.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© 1989 Oxford University Press and the Foundation for the European Review of Agricultural Economics

research-article

The impact of quotas on the optimal adjustment of milk production at the farm level: a comment

K. GARY GRANT

Dept. of Economics and Business Management Nova Scotia Agricultural College

Received June 1, 1989;

Summary

In a recent article Rasmussen and Nielsen (1985) conclude that a quota-induced reduction in milk production occurs through a decrease in feed per cow and only if this is insufficient is there a reduction in the number of cows. Here it is shown that, in their model, unless the capacity of the stalls is a binding constraint, any reduction in feed per cow is of second-order importance and solely the result of the indivisibility of the cow input. Moreover, the connections between farm-level decisions and the short-run, industry equilibria implied by their model are examined.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.