The Rapid Rise of China’s Dairy Sector: Factors Behind the Growth in Demand and Supply, May 2005

(2005) The Rapid Rise of China’s Dairy Sector: Factors Behind the Growth in Demand and Supply, May 2005. Iowa State University

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Abstract

With the rapid growth in China’s dairy industry, a number of recent papers have addressed either the supply or the demand trends for dairy products in China. None, however, presents a systematic explanation for the recent growth in both the supply and demand for dairy products. The goal of this paper is to sketch a more comprehensive picture of China’s dairy sector and to assess the nature of the sector’s development in the coming decades. Drawing upon several empirical studies, we examine the trends in dairy product consumption to create a composite picture of the factors underlying the recent growth. We also empirically investigate the sources of production gains in milk supply and assess the relative importance of expanding herd size, changes in the nature of production, technological change, and improvements in efficiency to the overall growth of milk production.

Item Type: Departmental Report
Keywords: China, consumption, dairy, milk supply, stochastic production frontier, total factor productivity
Subjects: Agriculture and food production
Business and industry
ID Code: 2627
Deposited By: Margaret Barr
Deposited On: 28 Jun 2005
Last Modified: 28 Jun 2005
URI: http://publications.iowa.gov/id/eprint/2627

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