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Longitudinal analysis of dairy farm income and expenditure in New Zealand: A review of 25 years of adjustment

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  • Rauniyar, Ganesh P.
  • Parker, W.J.

Abstract

The cost-price squeeze in dairy farming has forced farmers to become more competitive in the market place. This has primarily occurred through increased herd size and productivity gains associated with labour-saving technology. The cost and revenue structures and changes in the contribution of key dairy production inputs to total cash expenditure and farm income over the 1972/73-1996/97 period were analysed. Data were taken from the annual publications of the Livestock Improvement Corporation and the New Zealand Dairy Board. Implications for the future growth of dairy farms and the industry are drawn from the analysis.

Suggested Citation

  • Rauniyar, Ganesh P. & Parker, W.J., 1999. "Longitudinal analysis of dairy farm income and expenditure in New Zealand: A review of 25 years of adjustment," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 124540, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare99:124540
    DOI: 10.22004/ag.econ.124540
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    References listed on IDEAS

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    1. Warren E. Johnston & Gerald A.G. Frengley, 1994. "Economic Adjustments and Changes in Financial Viability of the Farming Sector: The New Zealand Experience," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(5), pages 1034-1040.
    2. Ferris, Alexandria & Malcolm, Bill, 1999. "Sense and Nonsense in Dairy Farm Management Economic Analysis," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 123803, Australian Agricultural and Resource Economics Society.
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