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Forecasting dairy herd development in China AgEcon
Wang, Dong; Parton, Kevin A..
With the rapid development of the Chinese dairy industry, various researchers have examined the industry from many perspectives related to supply and demand. One of the most important factors for this industry is the total number of dairy cows and it is this aspect that will be addressed in this paper. This paper examines how economic and biological factors influenced the size of the Chinese dairy herd population using an autoregressive distributed lag model and a dairy herd inventory model. The estimated results showed that the biological process was dominating the development of the Chinese dairy herd. The ratio of milk to corn price, as an economic variable, is another factor that had an impact. Beef price, which was found to be an influential variable...
Tipo: Conference Paper or Presentation Palavras-chave: Dairy herd; China; Cattle inventory model; Projection; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/10115
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