Publication: Just add milk: a productivity analysis of the revolutionary changes in nineteenth century Danish dairying
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2014-05-01
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Abstract
The late nineteenth century Danish agricultural revolution saw the
modernization and growth of the dairy industry. Denmark rapidly
caught up with the leading economies, and Danish dairying led the
world in terms of productivity. Uniquely in a world perspective, high
quality micro-level data exist documenting this episode. These allow
the use of the tool of modern agricultural economists, stochastic
frontier analysis, to estimate production functions for milk and thus
find the determinants of these productivity and efficiency advances.
We identify the contribution of modernization through specific new
technologies and practices.
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Dairies, Denmark, Development, Stochastic Frontier Analysis