Causality between Dairy Farm Size and Productivity
使用多变量格兰杰因果检验,分析美国各州奶牛场规模与生产率之间的因果关系,发现规模对生产率的影响更显著,且价格变化是主要驱动因素。
Abstract The direction of causality between dairy farm size and productivity is examined for each state using multivariate Granger‐causality tests. The results only partially support the view that technological change has caused increases in dairy farm size. The direction of causality appears to be more from size to productivity. Changes in productivity and average herd size appear driven by price changes.