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The Efficiency of the Family Dairy Farm Over its Life Cycle

Published online by Cambridge University Press:  10 May 2017

Loren W. Tauer*
Affiliation:
Department of Agricultural Economics, Cornell University
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Abstract

This paper presents empirical measures of the efficiency of the New York family dairy farm over its life cycle. The increase and then decrease in farm efficiency with age is only minor. Factors not correlated with age are much more important in determining efficiency. Exiting farmers who appear not to have children to take over the family farm are managing and maintaining the farm as well as exiting farmers who have potential future farming children.

Type
Contributed Papers
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

The author wishes to thank John R. Brake and George L. Casier for their comments.

References

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