Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 430526
Title The Cost Function Structure of Dutch Dairy Farms: Effects of Quota abolition and Price Volatility
Author(s) Samson, G.S.; Gardebroek, C.; Jongeneel, R.A.
Event 126th Seminar EAAE: New challenges for EU agricultural sector and rural areas. Which role for public policy?, 2012-06-27/2012-06-29
Department(s) Agricultural Economics and Rural Policy Group
LEI INT BELEID - Landbouwbeleid
Publication type Contribution in proceedings
Publication year 2012
Abstract 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 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.
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