Sustainable Rates of Return for Milk Quotas in OntarioCanadian Journal of Agricultural Economics
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AbstractThis paper utilizes the capital asset pricing model, together with available econometric estimates of the cost function of Ontario dairy farms, to estimate rates of returns for three types of milk quotas. The estimated rates follow the trend of the interest rate in the economy, and the rate of return on fluid milk quota is higher than the rate of return on industrial milk quotas.
Copyright OwnerCanadian Agricultural Economics Society
Citation InformationGiancarlo Moschini and Karl D. Meilke. "Sustainable Rates of Return for Milk Quotas in Ontario" Canadian Journal of Agricultural Economics Vol. 36 Iss. 1 (1988) p. 119 - 126
Available at: http://works.bepress.com/giancarlo-moschini/80/