Location Preference for Risk-Averse Dutch Dairy Farmers Immigrating to the United States

Increased environmental regulations and a milk quota that restricts growth have increased the interest in immigration to the United States by Dutch dairy farmers. A risk-based economic analysis of 23 representative U.S. dairy farms versus a representative Dutch farm shows that risk-averse Dutch dairy farmers would prefer to liquidate their dairy farms and invest in a large dairy in Idaho or north Texas. The risk ranking suggested that continuing to farm in the Netherlands rather than immigrating to the United States is preferred over only two of the 23 U.S. representative farms analyzed.


Issue Date:
2007-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/37061
Published in:
Journal of Agricultural and Applied Economics, Volume 39, Number 03
Page range:
735-748
Total Pages:
14
JEL Codes:
F21; F22; Q12; Q14; E37; D81




 Record created 2017-04-01, last modified 2017-04-04

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