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The Future of Irish Dairy Farming – The Implications of Agenda 2000 and a Booming Economy

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  • Hennessy, Thia C.

Abstract

The future of dairy farming in Ireland is examined. The effects of a strong macroeconomy, Agenda 2000 and domestic policy on milk quota transfer are analysed using linear programming and Markov Chain analysis. Results show that all farms are subjected to a price-cost squeeze. Smaller dairy farms are pushed and pulled out of farming. Larger farms survive by expanding operations but do not enjoy the increases in income realised elsewhere in the economy.

Suggested Citation

  • Hennessy, Thia C., 2002. "The Future of Irish Dairy Farming – The Implications of Agenda 2000 and a Booming Economy," 13th Congress, Wageningen, The Netherlands, July 7-12, 2002 6941, International Farm Management Association.
    • Handle: RePEc:ags:ifma02:6941
    DOI: 10.22004/ag.econ.6941
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    References listed on IDEAS

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    1. Richard H. Day, 1963. "On Aggregating Linear Programming Models of Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(4), pages 797-813.
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