Article
Sustainable Rates of Return for Milk Quotas in Ontario
Canadian Journal of Agricultural Economics
Document Type
Article
Disciplines
Publication Version
Submitted Manuscript
Publication Date
3-1-1988
DOI
10.1111/j.1744-7976.1988.tb03265.x
Abstract
This 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 Owner
Canadian Agricultural Economics Society
Copyright Date
1988
Language
en
File Format
application/pdf
Citation Information
Giancarlo 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/
This is the pre-peer reviewed version of the following article: Moschini, G. and Meilke, K.D. “Sustainable Rates of Return for Milk Quotas in Ontario.” Canadian Journal of Agricultural Economics, 36(1988):119-126, which has been published in final form at DOI:10.1111/j.1744-7976.1988.tb03265.x . This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving