| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Do Antibiotics Reduce Production Risk for U.S. Pork Producers?
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| Autores: |
Liu, Xuanli
Miller, Gay Y.
McNamara, Paul E.
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| Data: |
2008-08-28
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| Ano: |
2005
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| Palavras-chave: |
Antibiotics
Growth promotion
Pigs
Risk
Stochastic dominance
Variability
D21
D61
D81
Q12
R32
|
| Resumo: |
We combine econometric and financial analyses of the NAHMS 2000 Swine Survey data to examine whether evidence exists for reducing risk by using antibiotics for growth promotion (AGP) in the U.S. swine industry. A stochastic dominance analysis of alternative lengths of time (days) of AGP application reveals that AGP used in the range of 65—75 days is preferred by risk-averse producers. Risk is reduced and profits are increased from use of AGP. The combined impacts of increased average daily gain and decreased variability in pig live weight increase producer profits by $2.99 per pig marketed.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/42785
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 37, Number 03, December 2005
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| Formato: |
11
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