This study concentrates on the cost and break-even point of Raw Milk Production Cost in Dairy Farming of Phu Phan Sakon Nakhon Dairy Cooperative Limited's member. This study is characterized by specific types of farms from which farmers collected data from 30 dairy farms' income-expense...

New York dairy farm data over the years 1994-2002 were used to estimate the impact of recombinant bovine somatotropin (rbST) use on the cost of producing a hundredweight of milk. Both fixed and random effects models were estimated. Self-selection bias in the use of rbST was not found to exist....

We extend the emerging literature on spatial frontier models in three respects. Firstly, we account for latent heterogeneity by developing a maximum likelihood random effects spatial autoregressive (SAR) stochastic frontier model. Secondly, to analyze the finite sample properties of a spatial...