메뉴 건너뛰기




Volumn 55, Issue , 2016, Pages 135-151

Industry dynamics under production constraints - The case of the EU dairy sector

Author keywords

Dairy sector; Dynamic stochastic equilibrium; Firm entry and exit; Industry dynamics; Production quota

Indexed keywords


EID: 84960884048     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econmod.2016.02.006     Document Type: Article
Times cited : (12)

References (39)
  • 1
    • 84904438068 scopus 로고    scopus 로고
    • The size distribution of farms and international productivity differences
    • Adamopoulos T., Restuccia D. The size distribution of farms and international productivity differences. Am. Econ. Rev. 2014, 104(6):1667-1697.
    • (2014) Am. Econ. Rev. , vol.104 , Issue.6 , pp. 1667-1697
    • Adamopoulos, T.1    Restuccia, D.2
  • 2
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
    • Arellano M., Bond S. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Rev. Econ. Stud. 1991, 58(2):277-297.
    • (1991) Rev. Econ. Stud. , vol.58 , Issue.2 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 3
    • 33645681087 scopus 로고    scopus 로고
    • Firm turnover in imperfectly competitive markets
    • Asplund M., Nocke V. Firm turnover in imperfectly competitive markets. Rev. Econ. Stud. 2006, 73(2):295-327.
    • (2006) Rev. Econ. Stud. , vol.73 , Issue.2 , pp. 295-327
    • Asplund, M.1    Nocke, V.2
  • 4
    • 68349135702 scopus 로고    scopus 로고
    • Dynamic effects of quota removal on dairy sector productivity and dairy farm employment
    • University of Manchester, Centre for Agricultural, Food and Resource Economics, D. Coleman (Ed.)
    • Bailey A. Dynamic effects of quota removal on dairy sector productivity and dairy farm employment. Phasing Out Milk Quotas in the EU. Main Report 2002, University of Manchester, Centre for Agricultural, Food and Resource Economics. D. Coleman (Ed.).
    • (2002) Phasing Out Milk Quotas in the EU. Main Report
    • Bailey, A.1
  • 5
    • 33745800229 scopus 로고    scopus 로고
    • On the dynamics of structural change in agriculture: internal frictions, policy threats and vertical integration
    • Balmann A., Dautzenberg K., Happe K., Kellermann K. On the dynamics of structural change in agriculture: internal frictions, policy threats and vertical integration. Outlook Agric. 2006, 35(2):115-121.
    • (2006) Outlook Agric. , vol.35 , Issue.2 , pp. 115-121
    • Balmann, A.1    Dautzenberg, K.2    Happe, K.3    Kellermann, K.4
  • 6
    • 84960887247 scopus 로고    scopus 로고
    • Investment reluctance in supply chains: an agent-based real options approach
    • Balmann A., Kataria K., Musshoff O. Investment reluctance in supply chains: an agent-based real options approach. J. Math. Financ. 2013, 3:1-10.
    • (2013) J. Math. Financ. , vol.3 , pp. 1-10
    • Balmann, A.1    Kataria, K.2    Musshoff, O.3
  • 8
    • 84909642982 scopus 로고    scopus 로고
    • Niche firms, mass markets, and income across countries: accounting for the impact of entry costs
    • Bento P. Niche firms, mass markets, and income across countries: accounting for the impact of entry costs. J. Econ. Dyn. Control. 2014, 48(0):147-158.
    • (2014) J. Econ. Dyn. Control. , vol.48 , pp. 147-158
    • Bento, P.1
  • 9
    • 2442665293 scopus 로고    scopus 로고
    • Capacity dynamics and endogenous asymmetries in firm size
    • Besanko D., Doraszelski U. Capacity dynamics and endogenous asymmetries in firm size. RAND J. Econ. 2004, 35(1):23-49.
    • (2004) RAND J. Econ. , vol.35 , Issue.1 , pp. 23-49
    • Besanko, D.1    Doraszelski, U.2
  • 10
    • 13244255773 scopus 로고    scopus 로고
    • Dynamic panel data models: a guide to micro data methods and practice
    • Bond S.R. Dynamic panel data models: a guide to micro data methods and practice. Port. Econ. J. 2002, 1(2):141-162.
    • (2002) Port. Econ. J. , vol.1 , Issue.2 , pp. 141-162
    • Bond, S.R.1
  • 11
    • 70350231673 scopus 로고    scopus 로고
    • Structural change in agricultural production: economics, technology and policy
    • Chavas J.-P. Structural change in agricultural production: economics, technology and policy. Handb. Agric. Econ. 2001, 1:263-285.
    • (2001) Handb. Agric. Econ. , vol.1 , pp. 263-285
    • Chavas, J.-P.1
  • 12
    • 0033983641 scopus 로고    scopus 로고
    • Inefficiencies in the UK milk quota system
    • Colman D. Inefficiencies in the UK milk quota system. Food Policy 2000, 25(1):1-16.
    • (2000) Food Policy , vol.25 , Issue.1 , pp. 1-16
    • Colman, D.1
  • 13
    • 0036859507 scopus 로고    scopus 로고
    • Structural change and policy reform in the UK dairy sector
    • Colman D., Burton M., Rigby D., Franks J. Structural change and policy reform in the UK dairy sector. J. Agric. Econ. 2002, 53(3):645-663.
    • (2002) J. Agric. Econ. , vol.53 , Issue.3 , pp. 645-663
    • Colman, D.1    Burton, M.2    Rigby, D.3    Franks, J.4
  • 14
    • 84959843820 scopus 로고
    • Markov-perfect industry dynamics: a framework for empirical work
    • Ericson R., Pakes A. Markov-perfect industry dynamics: a framework for empirical work. Rev. Econ. Stud. 1995, 62(1):53-82.
    • (1995) Rev. Econ. Stud. , vol.62 , Issue.1 , pp. 53-82
    • Ericson, R.1    Pakes, A.2
  • 16
    • 24644463714 scopus 로고    scopus 로고
    • Firm productivity, heterogeneity, sunk costs and market selection
    • Fariñas J.C., Ruano S. Firm productivity, heterogeneity, sunk costs and market selection. Int. J. Ind. Organ. 2005, 23(7-8):505-534.
    • (2005) Int. J. Ind. Organ. , vol.23 , Issue.7-8 , pp. 505-534
    • Fariñas, J.C.1    Ruano, S.2
  • 17
    • 84882970635 scopus 로고    scopus 로고
    • Modelling investment and disinvestment decisions under competition, uncertainty and different market interventions
    • Feil J.-H., Musshoff O. Modelling investment and disinvestment decisions under competition, uncertainty and different market interventions. Econ. Model. 2013, 35(0):443-452.
    • (2013) Econ. Model. , vol.35 , pp. 443-452
    • Feil, J.-H.1    Musshoff, O.2
  • 18
    • 0001897337 scopus 로고
    • An expository note on individual risk without aggregate uncertainty
    • Feldman M., Gilles C. An expository note on individual risk without aggregate uncertainty. J. Econ. Theory 1985, 35(1):26-32.
    • (1985) J. Econ. Theory , vol.35 , Issue.1 , pp. 26-32
    • Feldman, M.1    Gilles, C.2
  • 19
    • 79956223499 scopus 로고    scopus 로고
    • Dynamic modelling of agricultural policies: the role of expectation schemes
    • Féménia F., Gohin A. Dynamic modelling of agricultural policies: the role of expectation schemes. Econ. Model. 2011, 28(4):1950-1958.
    • (2011) Econ. Model. , vol.28 , Issue.4 , pp. 1950-1958
    • Féménia, F.1    Gohin, A.2
  • 20
    • 3242686838 scopus 로고    scopus 로고
    • Entry, exit, and farm size: assessing an experiment in dairy price policy
    • Foltz J.D. Entry, exit, and farm size: assessing an experiment in dairy price policy. Am. J. Agric. Econ. 2004, 86(3):594-604.
    • (2004) Am. J. Agric. Econ. , vol.86 , Issue.3 , pp. 594-604
    • Foltz, J.D.1
  • 21
    • 0001600291 scopus 로고
    • Entry, exit, and firm dynamics in long run equilibrium
    • Hopenhayn H.A. Entry, exit, and firm dynamics in long run equilibrium. Econometrica 1992, 60(5):1127-1150.
    • (1992) Econometrica , vol.60 , Issue.5 , pp. 1127-1150
    • Hopenhayn, H.A.1
  • 22
    • 79951596591 scopus 로고    scopus 로고
    • Structural change in advanced nations: a new set of stylised facts
    • Jorgenson D.W., Timmer M.P. Structural change in advanced nations: a new set of stylised facts. Scand. J. Econ. 2011, 113(1):1-29.
    • (2011) Scand. J. Econ. , vol.113 , Issue.1 , pp. 1-29
    • Jorgenson, D.W.1    Timmer, M.P.2
  • 23
    • 0002485234 scopus 로고
    • Selection and the evolution of industry
    • Jovanovic B. Selection and the evolution of industry. Econometrica 1982, 50(3):649-670.
    • (1982) Econometrica , vol.50 , Issue.3 , pp. 649-670
    • Jovanovic, B.1
  • 24
    • 0003085090 scopus 로고
    • The law of large numbers with a continuum of iid random variables
    • Judd K.L. The law of large numbers with a continuum of iid random variables. J. Econ. Theory 1985, 35(1):19-25.
    • (1985) J. Econ. Theory , vol.35 , Issue.1 , pp. 19-25
    • Judd, K.L.1
  • 25
    • 84916506635 scopus 로고
    • Investment in competitive equilibrium: the optimality of myopic behavior
    • Leahy J.V. Investment in competitive equilibrium: the optimality of myopic behavior. Q. J. Econ. 1993, 108(4):1105-1133.
    • (1993) Q. J. Econ. , vol.108 , Issue.4 , pp. 1105-1133
    • Leahy, J.V.1
  • 26
    • 21444439083 scopus 로고    scopus 로고
    • Why are economists sceptical about agent-based simulations?
    • Leombruni R., Richiardi M. Why are economists sceptical about agent-based simulations?. Physica A 2005, 355(1):103-109.
    • (2005) Physica A , vol.355 , Issue.1 , pp. 103-109
    • Leombruni, R.1    Richiardi, M.2
  • 27
    • 0242583203 scopus 로고    scopus 로고
    • The impact of trade on intra-industry reallocations and aggregate industry productivity
    • Melitz M.J. The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica 2003, 71(6):1695-1725.
    • (2003) Econometrica , vol.71 , Issue.6 , pp. 1695-1725
    • Melitz, M.J.1
  • 28
    • 0026475403 scopus 로고
    • Quota mobility and quota values: influence on the structural development of dairy farming
    • Oskam A., Speijers D. Quota mobility and quota values: influence on the structural development of dairy farming. Food Policy 1992, 17(1):41-52.
    • (1992) Food Policy , vol.17 , Issue.1 , pp. 41-52
    • Oskam, A.1    Speijers, D.2
  • 29
    • 84960844355 scopus 로고    scopus 로고
    • Drivers of agricultural capital productivity in selected EU member states
    • Petrick M., Kloss M. Drivers of agricultural capital productivity in selected EU member states. Factor Markets Working Paper 2012, 30:1-41.
    • (2012) Factor Markets Working Paper , vol.30 , pp. 1-41
    • Petrick, M.1    Kloss, M.2
  • 30
    • 84855218937 scopus 로고    scopus 로고
    • How do agricultural policies influence farm size inequality? The example of France
    • Piet L., Latruffe L., Le Mouël C., Desjeux Y. How do agricultural policies influence farm size inequality? The example of France. Eur. Rev. Agric. Econ. 2012, 39(1):5-28.
    • (2012) Eur. Rev. Agric. Econ. , vol.39 , Issue.1 , pp. 5-28
    • Piet, L.1    Latruffe, L.2    Le Mouël, C.3    Desjeux, Y.4
  • 31
    • 84985676121 scopus 로고
    • Supply management and productivity growth in Alberta dairy
    • Richards T.J. Supply management and productivity growth in Alberta dairy. Can. J. Agric. Econ. 1995, 43(3):421-434.
    • (1995) Can. J. Agric. Econ. , vol.43 , Issue.3 , pp. 421-434
    • Richards, T.J.1
  • 32
    • 0031424263 scopus 로고    scopus 로고
    • The effect of supply management on herd size in Alberta dairy
    • Richards T.J., Jeffrey S.R. The effect of supply management on herd size in Alberta dairy. Am. J. Agric. Econ. 1997, 79(2):555-565.
    • (1997) Am. J. Agric. Econ. , vol.79 , Issue.2 , pp. 555-565
    • Richards, T.J.1    Jeffrey, S.R.2
  • 33
    • 38249044049 scopus 로고
    • Finite state markov-chain approximations to univariate and vector autoregressions
    • Tauchen G. Finite state markov-chain approximations to univariate and vector autoregressions. Econ. Lett. 1986, 20(2):177-181.
    • (1986) Econ. Lett. , vol.20 , Issue.2 , pp. 177-181
    • Tauchen, G.1
  • 34
    • 78349299328 scopus 로고    scopus 로고
    • Elastizitäten der Nachfrage privater Haushalte nach Nahrungsmitteln-Schätzung eines AIDS auf Basis der Einkommens-und Verbrauchsstichprobe 2003
    • Thiele S. Elastizitäten der Nachfrage privater Haushalte nach Nahrungsmitteln-Schätzung eines AIDS auf Basis der Einkommens-und Verbrauchsstichprobe 2003. Agrarwirtschaft (Ger. J. Agric. Econ.) 2008, 57(5):258-268.
    • (2008) Agrarwirtschaft (Ger. J. Agric. Econ.) , vol.57 , Issue.5 , pp. 258-268
    • Thiele, S.1
  • 35
    • 84876316545 scopus 로고    scopus 로고
    • Structural change in the australian electricity industry during the 1990s and the effect on household income distribution: a macro-micro approach
    • Verikios G., Zhang X. Structural change in the australian electricity industry during the 1990s and the effect on household income distribution: a macro-micro approach. Econ. Model. 2013, 32:564-575.
    • (2013) Econ. Model. , vol.32 , pp. 564-575
    • Verikios, G.1    Zhang, X.2
  • 36
    • 0032812668 scopus 로고    scopus 로고
    • Farm growth and survival: econometric evidence for individual farms in Upper Austria
    • Weiss C.R. Farm growth and survival: econometric evidence for individual farms in Upper Austria. Am. J. Agric. Econ. 1999, 81(1):103-116.
    • (1999) Am. J. Agric. Econ. , vol.81 , Issue.1 , pp. 103-116
    • Weiss, C.R.1
  • 37
    • 0035055123 scopus 로고    scopus 로고
    • Are farm size distributions bimodal? Evidence from kernel density estimates of dairy farm size distributions
    • Wolf C.A., Sumner D.A. Are farm size distributions bimodal? Evidence from kernel density estimates of dairy farm size distributions. Am. J. Agric. Econ. 2001, 83(1):77-88.
    • (2001) Am. J. Agric. Econ. , vol.83 , Issue.1 , pp. 77-88
    • Wolf, C.A.1    Sumner, D.A.2
  • 38
    • 0029528469 scopus 로고
    • Asymmetry and nonstationarity in the farm size distribution of Wisconsin milk producers: an aggregate analysis
    • Zepeda L. Asymmetry and nonstationarity in the farm size distribution of Wisconsin milk producers: an aggregate analysis. Am. J. Agric. Econ. 1995, 77(4):837-852.
    • (1995) Am. J. Agric. Econ. , vol.77 , Issue.4 , pp. 837-852
    • Zepeda, L.1
  • 39
    • 84865538491 scopus 로고    scopus 로고
    • Structural change of european dairy farms - a cross-regional analysis
    • Zimmermann A., Heckelei T. Structural change of european dairy farms - a cross-regional analysis. J. Agric. Econ. 2012, 63(3):576-603.
    • (2012) J. Agric. Econ. , vol.63 , Issue.3 , pp. 576-603
    • Zimmermann, A.1    Heckelei, T.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.