000150554 001__ 150554
000150554 005__ 20180122225447.0
000150554 041__ $$aen_US
000150554 245__ $$aThreshold Effects in Transition to Organic Dairy Production
000150554 260__ $$c2013
000150554 269__ $$a2013
000150554 300__ $$a29
000150554 336__ $$aConference Paper/ Presentation
000150554 520__ $$aDespite dramatic increases in retail demand for organic milk and steadily increasing organic
milk prices over the past 15 years, transition from conventional to organic dairy
production has been unsteady. In some years supply has not met demand, leading to
shortages of organic milk, and in other years organic dairy processors have been forced
to sell organic milk in the conventional market. Following the theory of investment under
uncertainty we estimate the organic transition response of dairy producers to feed and
milk prices while allowing for distinct regimes of investment, disinvestment, and inaction.
Using a threshold estimation technique developed for panel data we estimate the
threshold values that define these regimes. We find some support for a discontinuity in
the organic transition response, though a double threshold model, including a sluggish
transition regime, is rejected.
000150554 542__ $$fLicense granted by Adrienne Keiser (keise023@umn.edu) on 2013-06-10T16:58:48Z (GMT):

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000150554 650__ $$aDemand and Price Analysis
000150554 650__ $$aLivestock Production/Industries
000150554 650__ $$aProduction Economics
000150554 6531_ $$aorganic farming
000150554 6531_ $$athreshold model
000150554 6531_ $$asupply hysteresis
000150554 6531_ $$adairy production
000150554 700__ $$aDelbridge,   Timothy A.
000150554 773__ $$d2013
000150554 8564_ $$s277001$$uhttp://ageconsearch.umn.edu/record/150554/files/AAEA%20Submission_Delbridge2013.pdf
000150554 887__ $$ahttp://purl.umn.edu/150554
000150554 909CO $$ooai:ageconsearch.umn.edu:150554$$pGLOBAL_SET
000150554 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2013-06-10T17:04:21Z
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000150554 912__ $$nMade available in DSpace on 2013-06-10T17:04:23Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2013
000150554 980__ $$a325
000150554 982__ $$gAgricultural and Applied Economics Association>2013 Annual Meeting, August 4-6, 2013, Washington, D.C.