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Mljekarstvo : journal for dairy production and processing improvement, Vol. 68 No. 3, 2018

Original scientific paper
https://doi.org/10.15567/mljekarstvo.2018.0307

Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach

Jernej Prišenk   ORCID icon orcid.org/0000-0002-6799-5378 ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Ivo Grgić   ORCID icon orcid.org/0000-0003-3900-4925 ; University of Zagreb, Faculty of Agriculture, Svetošimunska 25, 10000 Zagreb, Croatia
Magdalena Zrakić   ORCID icon orcid.org/0000-0002-0577-1109 ; University of Zagreb, Faculty of Agriculture, Svetošimunska 25, 10000 Zagreb, Croatia
Jernej Turk ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia

Fulltext: english, pdf (326 KB) pages 224-233 downloads: 146* cite
APA 6th Edition
Prišenk, J., Grgić, I., Zrakić, M. & Turk, J. (2018). Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach. Mljekarstvo, 68 (3), 224-233. https://doi.org/10.15567/mljekarstvo.2018.0307
MLA 8th Edition
Prišenk, Jernej, et al. "Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach." Mljekarstvo, vol. 68, no. 3, 2018, pp. 224-233. https://doi.org/10.15567/mljekarstvo.2018.0307. Accessed 24 Apr. 2019.
Chicago 17th Edition
Prišenk, Jernej, Ivo Grgić, Magdalena Zrakić and Jernej Turk. "Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach." Mljekarstvo 68, no. 3 (2018): 224-233. https://doi.org/10.15567/mljekarstvo.2018.0307
Harvard
Prišenk, J., et al. (2018). 'Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach', Mljekarstvo, 68(3), pp. 224-233. doi: https://doi.org/10.15567/mljekarstvo.2018.0307
Vancouver
Prišenk J, Grgić I, Zrakić M, Turk J. Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach. Mljekarstvo [Internet]. 2018 [cited 2019 April 24];68(3):224-233. doi: https://doi.org/10.15567/mljekarstvo.2018.0307
IEEE
J. Prišenk, I. Grgić, M. Zrakić and J. Turk, "Value-based food chains as an opportunity to improve the economic situation of dairy farms: a translog profit function approach", Mljekarstvo, vol.68, no. 3, pp. 224-233, 2018. [Online]. doi: https://doi.org/10.15567/mljekarstvo.2018.0307

Abstracts
This paper utilizes available data sets and a single translog profit function to examine the performance of dairy farms operating in mountain and lowland areas, respectively. A translog profit model estimates reveal an apparent trend going toward explaining the better economic performance of highland dairy farms stemming from their capability to adjust accurately to underlying changes in the milk market. The empirical analysis finds mostly inelastic price elasticity trends. Translog profit model alleviates the path of understanding in explaining the better economic situation of these high-land dairy farms stemming from their capability to adjust adequately and promptly to ongoing changes in the milk market. Finally, the results of the study could at the same time deliver a new dimension in further debate about CAP post-2020 developments.

Keywords
agro-food chain; value added; dairy farms; mountain regions; translog profit function

Hrčak ID: 202368

URI
https://hrcak.srce.hr/202368

[croatian]

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