000010993 001__ 10993
000010993 005__ 20171205173108.0
000010993 037__ $$a1097-2016-88512
000010993 041__ $$aen
000010993 245__ $$aCOMPARATIVE ANALYSIS OF SELECTED MICHIGAN DAIRY FARM INTENSITIES IN 1968 AND 1974:  PRODUCTION FUNCTION APPROACH
000010993 260__ $$c1976
000010993 269__ $$a1976
000010993 300__ $$a52
000010993 336__ $$aThesis/ Dissertation
000010993 446__ $$aEnglish
000010993 490__ $$aGraduate Research Master's Degree Plan B Papers
000010993 520__ $$aAs far as farming strategy is concerned, two alternatives are possible, either:  a)  improve and increase the means of production aiming for a larger size of production without expanding land, or b)  expand production by acquisition of new land.  The option for either of the two alternatives depends on the farmer's own management and expectations.

Assuming that farmers are seeking profit maximization, the question is:  Which investment strategy is better?  In other words, is it better to expand production by (a)  increasing herd sizes providing external feed purchases or (b) increasing land holdings?

Our interest is to empirically analyze the soundness of these managerial strategies; that is, look into the real world and appraise the performance of each strategy.  Therefore, analyzing the relationship between farmers gross income and the density of cows per tillable acre will allow for a verification of the above mentioned hypotheses.
000010993 650__ $$aLivestock Production/Industries
000010993 700__ $$ael Hamrouni, Latifa
000010993 8564_ $$s2283895$$uhttp://ageconsearch.umn.edu/record/10993/files/pb76el01.pdf
000010993 887__ $$ahttp://purl.umn.edu/10993
000010993 909CO $$ooai:ageconsearch.umn.edu:10993$$qGLOBAL_SET
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  Previous issue date: 1976
000010993 982__ $$gMichigan State University>Department of Agricultural Economics>Graduate Research Master's Degree Plan B Papers
000010993 980__ $$a1097