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Scale Economies and Technical Efficiency of Quebec Dairy Farms

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Academic year: 2021

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Figure

Table 1. Number of dairy farms by herd size by province  Province  Total  Farms  Ave.  Herd  Size
Figure 1. Cost of milk production across the world.
Figure 2. Dairy production quota traded in Quebec.    $‐  $5 000  $10 000 $15 000 $20 000 $25 000 $30 000 $35 0000,0200,0400,0600,0800,01 000,01 200,01 400,01 600,01 800,0
Figure 3. Cost to produce Y* units of output for technically and allocatively efficient farm B and   technically inefficient farm A whose efficiency level is OB/OA with  x 1  and  x 2  denoting the  quantities of inputs used and  r 1  and  r 2  being input
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