The economic viability of value-based food chain for dairy farms in mountain regions: an econometric analysis approach

Abstract

The attention of this paper is drawn to analyze the economic potential of involvement of farmers into the small-medium sized value-based food chain (VBFC). The survey represents a solid data basis from which econometric modelling approach was further developed. Empirical results reveal the positive economic viability on a general level; this means more stable purchase price of raw milk for dairy farms, which are the part of value-based food chain. Results point at inelastic demand for milk and milk related products. Furthermore, there are some accompanying and underlying indirect social benefits, such as production of high-quality food products, more stable and constant demand for raw milk, steady payments and better social situation. The last one is especially important for the farms operating in less-favored mountain areas where the survey was actually conducted.

Impact Analysis of the Young Farmers’ Support Program on Slovenian Dairy Sector Development Using Econometric Modeling Approach

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Profitability Development of Dairy Farms in Slovenia

“…The number of employees decreased to 20%. This circumstance has been compared with splitting former Yugoslavia (Prišenk, 2016). The difference is that the government did not control the negative influence.…”

Branding Tolmin Cheese

“…albuminska oziroma sirarska skuta). 43 Planikini ekonomski in multiplikatorni učinki kmetijsko-živilskih oskrbovalnih verig z dodano vrednostjo so bili pozitivno ocenjeni tudi v literaturi o kmetijski ekonomiji (Borec in Prišenk 2015;Prišenk idr. 2016).…”