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Producer Behaviour, Market Structure, and Technology in Indian Dairy Industry
Author(s) -
Tushaar Shah
Publication year - 1981
Publication title -
vikalpa the journal for decision makers
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.241
H-Index - 23
eISSN - 2395-3799
pISSN - 0256-0909
DOI - 10.1177/0256090919810101
Subject(s) - economic surplus , dairy industry , relevance (law) , economics , industrial organization , microeconomics , business , market economy , welfare , chemistry , food science , political science , law
This paper develops the hypothesis that modern dairy cooperatives are able to generate a sizable surplus which is not the conventional producer's surplus. Besides examining the relevance of this surplus to the problem of two‐axis pricing of milk, the author also discusses, in some detail, the impact of this surplus on the economics of a typical feeder balancing dairy.

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