Milk cuota value estimation in the Galician dairy farms

José Carlos de Miguel Domínguez, Tomás Pérez Vidal, Xosé Antón Rodríguez González

Abstract

The level of milk quota for farm and the transfer of milk quota among producers play are principal factors in the Spain milk producer sector adjustment. This paper presents an estimation of milk quota value, estimation of the capitalization of quota value in the 2006 year horizon and make concrete some determinant factors of quota value. Estimates derive from a sample of 32 Galician dairy farms for the years 1990-1999, and from the results of this paper is possible deduce conclusions about functioning quota market and management of quota policy.

Keywords

Milk production; cost function; quota value

Subject classification

Q12, Q18.

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References

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