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Econometric Analysis of Farmer Participation in the Dairy Termination Program in North Carolina and Virginia

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  • Gale, H. Frederick

Abstract

Farm-level data are used to estimate equations explaining the probability of bidding and the level of the bid for the 1986 Dairy Termination Program. Participation was attractive to older farmers, to those who were not planning to transfer the farm to a family member, to less experienced farmers, and to those using less sophisticated management techniques. Schooling, off-farm work, and nonfarm experience did not have significant effects. The participation pattern suggests that the long-term effects of the program on milk supply are small.

Suggested Citation

  • Gale, H. Frederick, 1990. "Econometric Analysis of Farmer Participation in the Dairy Termination Program in North Carolina and Virginia," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(1), pages 123-132, July.
    • Handle: RePEc:cup:jagaec:v:22:y:1990:i:01:p:123-132_00
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    Cited by:

    1. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.
    2. Lukasz SATOLA & Tomasz WOJEWODZIC & Wojciech SROKA, 2018. "Barriers to exit encountered by small farms in light of the theory of new institutional economics," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(6), pages 277-290.
    3. Benson, Geoffrey A., 1992. "North Carolina Dairy Termination Program Participants' Plans," Archive 259721, North Carolina State University, Department of Agricultural and Resource Economics.
    4. Bolotova, Yulia V., 2023. "Market Power in the U.S. Dairy Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(2), March.
    5. Paudel, Krishna P. & Gauthier, Wayne M. & Hall, Larry M. & Westra, John V., 2006. "Willingness to Participate in Dairy Programs to Reduce Manure Related Problems in Louisiana's Major Dairy Production Region," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35259, Southern Agricultural Economics Association.
    6. Nubern, Chris A. & Purcell, Wayne D., 1997. "Competitiveness of Dairy Producers in a Deregulated Market," Staff Papers 232553, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    7. Bolotova, Yuliya, 2014. "Agricultural Supply Management and Antitrust in the United States System of Agribusiness," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 17(3), pages 1-24, September.
    8. Russell L. Lamb, 2002. "A Market-Forces Policy for the New Farm Economy?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 15-30.

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