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Do Efficient Dairy Producers Purchase Quota?

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dc.contributor.advisor Hailu, Getu Elskamp, Rebecca 2012-05-25T16:08:49Z 2012-05-25T16:08:49Z 2012-05 2012-05-18 2012-05-25
dc.description.abstract This thesis examines the impact of farm level cost efficiency on quota trading in a supply regulated industry. Comparative statics illustrate the role of cost efficiency in quota transfers. For estimation purposes, the dependent variable; net quota purchases is specified both quantitatively and qualitatively and modelled by a linear regression model and multinomial logit model, respectively. Empirical results indicate that variation in cost efficiency does not have a significant effect on the sample producers’ decision to purchase quota. Meanwhile, quota purchasers are younger producers, with large herds, underutilized barn space, and had purchase quota in the previous year. en_US
dc.description.sponsorship OMAFRA funding code: 200222 en_US
dc.language.iso en en_US
dc.subject dairy en_US
dc.subject cost efficiency en_US
dc.subject quota transfers en_US
dc.subject supply management en_US
dc.title Do Efficient Dairy Producers Purchase Quota? en_US
dc.type Thesis en_US Food, Agriculture and Resource Economics en_US Master of Science en_US Department of Food, Agricultural and Resource Economics en_US
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