Sustainable Rates of Return for Milk Quotas in Ontario
Date
Authors
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
Journal Issue
Is Version Of
Versions
Series
Department
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.
Comments
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