Karantininis, Konstantinos
- Department of Economics, Swedish University of Agricultural Sciences
Research article2015Peer reviewed
Agricultural Policies and Structural Change in French Dairy Farms: A Nonstationary Markov Model
Ben Arfa, Nejla; Daniel, Karine; Jacquet, Florence; Karantininis, Konstantinos
Abstract
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.
Published in
Canadian Journal of Agricultural Economics / Revue canadienne d'agroeconomie
2015, Volume: 63, number: 1, pages: 19-42
SLU Authors
UKÄ Subject classification
Economics
Business Administration
Publication identifier
DOI: https://doi.org/10.1111/cjag.12036
Permanent link to this page (URI)
https://res.slu.se/id/publ/54133