PRODUCTION CHOICE IN THE ENGLAND AND WALES DAIRY SECTOR
研究了除价格外影响奶农生产决策的因素，基于利润函数理论模型分析技术环境变化对生产选择的影响，并报告了英格兰和威尔士乳制品行业的弹性与要素偏向。
This paper seeks to develop the understanding of the ways in which factors other than price influence the production decisions of dairy farmers. A theoretical model based on a profit function is used to emphasise the way in which changes in the farm's technological environment will influence its production choices. The theoretical model is used as the basis of an empirical study of production choice in the England and Wales dairy sector. Elasticities and factor biases are reported.