The Economics and Productivity of Organic versus Conventional U.S. Dairy Farms

United States certified organic and conventional dairy farms are compared on the basis of economic, financial, and technological measures using dairy data from the 2016 USDA Agricultural Resource Management Survey. A stochastic production frontier model using an input distance function framework is...

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Bibliographic Details
Main Authors: Gillespie, J. (Author), Greene, C. (Author), Law, J. (Author), Nehring, R.F (Author)
Format: Article
Language:English
Published: Cambridge University Press 2021
Subjects:
Online Access:View Fulltext in Publisher
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008 220427s2021 CNT 000 0 und d
020 |a 10740708 (ISSN) 
245 1 0 |a The Economics and Productivity of Organic versus Conventional U.S. Dairy Farms 
260 0 |b Cambridge University Press  |c 2021 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1017/aae.2020.34 
520 3 |a United States certified organic and conventional dairy farms are compared on the basis of economic, financial, and technological measures using dairy data from the 2016 USDA Agricultural Resource Management Survey. A stochastic production frontier model using an input distance function framework is estimated for U.S. dairy farms to examine technical efficiency and returns to scale (RTS) of farms of both systems and by multiple size categories. Financial and economic measures such as net return on assets and input costs, as well as technological adoption measures are compared by system and size. For both systems, size is the major determinant of competitiveness based on selected measures of productivity and RTS. © 
650 0 4 |a conventional 
650 0 4 |a cows 
650 0 4 |a Milk 
650 0 4 |a organic 
650 0 4 |a stochastic production frontier 
650 0 4 |a US dairy 
700 1 |a Gillespie, J.  |e author 
700 1 |a Greene, C.  |e author 
700 1 |a Law, J.  |e author 
700 1 |a Nehring, R.F.  |e author 
773 |t Journal of Agricultural and Applied Economics