In the international comparison the structure of milk production in Austria is small scale. The present study presents two theoretical approaches to explain the persistence of small dairy farms in Austria: the opportunity cost principle and the theory of the agricultural household. With regard...

Pure Technical Efficiency scores of Austrian dairy farms are estimated econometrically on the basis of data envelopment analysis and bootstrapping. In a second stage, using the same assumptions on the distribution of error terms, the distances of farms to their production possibility curve are...