Bezlepkina, Irina V.; Lansink, Alfons G. J. M. Oude; … - In: Agricultural Economics 33 (2005) 3, pp. 277-288
This study develops a microeconometric model of specialized dairy farms in the Moscow region using panel data over the period 1995-2001. The model is used to analyze the role of subsidies on profit as well as input and output allocation. Theoretical conditions for short-term profit maximization...