Economics of Size in Dairy Farm Adjustment to Water Quality Constraints

Adjustment of small, medium, and large Vermont dairy farms to successively tighter constraints on phosphorus loss was modeled using linear programming. Aggregate response to phosphorus control was estimated for an area from farm marginal costs. Medium and large farms have lower costs than small farms and could achieve higher levels of phosphorus reduction at the same proportional loss of income.


Issue Date:
1982-07
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/183956
Total Pages:
19
Series Statement:
82-20




 Record created 2017-04-01, last modified 2017-08-28

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