Karantininis, Konstantinos
- Department of Economics, Swedish University of Agricultural Sciences
Research article2015Peer reviewed
Ben Arfa, Nejla; Daniel, Karine; Jacquet, Florence; Karantininis, Konstantinos
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.
Canadian Journal of Agricultural Economics / Revue canadienne d'agroeconomie
2015, Volume: 63, number: 1, pages: 19-42
Economics
Business Administration
DOI: https://doi.org/10.1111/cjag.12036
https://res.slu.se/id/publ/54133