This paper analyses the impact of a tradable production quota on firm entry and exit in the agricultural industry. We develop a dynamic stochastic equilibrium framework considering that a release of production capacity by exiting firms affects the investment options for entrants. Firms'...

The paper performs an analysis of the Romanian sector of milk, identifying the status at global level, under various aspects, as part of the worldwide production of milk, with reference to the place our country in the world ranking of cow milk, milk productions, cow farm sizes, milk prices in...

This paper aims to evaluate the technical efficiency and the total factor productivity change of dairy farms in EU countries. Analyses were carried out in order to determine which countries showed the best performance adaptations when the quota regime was relaxed and to evaluate the technical...

Domestic animals, especially small ruminants, are an important source of income for millions of smallholder farmers, particularly women, in Senegal. The aim of this study was to understand the place of the bovine and caprine milk value chains and to identify the role and challenges for women in...

After the milk quota removal in 2015, the Irish dairy industry has expanded dramatically. Various economic, social and environmental considerations are part of farmer's choice to invest and to expand. This study evaluates selected factors contributing to recent dairy farmer's investment...