ANALYSIS OF INPUT DEMAND AND OUTPUT SUPPLY FUNCTIONS IN CZECH MILK PRODUCTION

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F10%3A48210" target="_blank" >RIV/60460709:41110/10:48210 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

ANALYSIS OF INPUT DEMAND AND OUTPUT SUPPLY FUNCTIONS IN CZECH MILK PRODUCTION

Popis výsledku v původním jazyce

The paper deals with an analysis of input demand and output supply functions for the dairy sector in the Czech Republic. The analysis is based on a balanced panel dataset of 36 milk producers within the period 2004?2007. A Cobb-Douglas production function is fitted to describe the production process of the analyzed sample. The heterogeneous technology or efficiency of individual producers is captured by using the method of fixed effects. Then, the results show that the technology is significantly heterogeneous in the analyzed sample, and this causes significant differences in the derived input demand functions and the short-run conditional output supply function. Finally, an analysis of input demand functions and the short-run conditional output supplyfunction shows that the behaviour of more than 50% of the analyzed milk producers is consistent with rational behaviour.

Název v anglickém jazyce

ANALYSIS OF INPUT DEMAND AND OUTPUT SUPPLY FUNCTIONS IN CZECH MILK PRODUCTION

Popis výsledku anglicky

The paper deals with an analysis of input demand and output supply functions for the dairy sector in the Czech Republic. The analysis is based on a balanced panel dataset of 36 milk producers within the period 2004?2007. A Cobb-Douglas production function is fitted to describe the production process of the analyzed sample. The heterogeneous technology or efficiency of individual producers is captured by using the method of fixed effects. Then, the results show that the technology is significantly heterogeneous in the analyzed sample, and this causes significant differences in the derived input demand functions and the short-run conditional output supply function. Finally, an analysis of input demand functions and the short-run conditional output supplyfunction shows that the behaviour of more than 50% of the analyzed milk producers is consistent with rational behaviour.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2010

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Scientia Agriculturae Bohemica

ISSN

1211-3174

e-ISSN

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Svazek periodika

41

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

8

Strana od-do

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Kód UT WoS článku

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EID výsledku v databázi Scopus

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