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ECONOMICS OF BEEF COW CULLING AND REPLACEMENT DECISIONS UNDER GENETIC PROGRESS AgEcon
Melton, Bryan E..
Beef cow managers annually face the question of which animals to cull from the herd and replace. The results of this decision affect not only current revenues, but, by altering the genetic composition of the herd, also affect the future profitability of the herd. These genetic changes of the herd may, therefore, be represented as a form of endogenous technological progress to the cow calf producer. This article derives general asset replacement criteria for assets undergoing either exogenous or endogenous progress and illustrates their application with a Florida cow herd example.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1980 URL: http://purl.umn.edu/32391
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NAFTA AND U.S.-MEXICAN BEEF TRADE: LONG-RUN IMPLICATIONS FOR CHANGES IN TRADE FLOWS FROM TECHNOLOGY TRANSFERS AgEcon
Melton, Bryan E.; Huffman, Wallace E..
This study examines potential long-term impacts on the U.S. and Mexican beef industries of the reduction in trade barriers under NAFTA and likely associated international technology transfers (of beef cattle, feeding methods, and meat packing) and foreign capital investments. The beef industry is represented as four subsectors: cow-calf production, post-weaning beef production, meat packing, and leather production. The analysis is accomplished through a multi-sector model of the U.S. and Mexican beef industries, estimation of key parameters, and simulation of long-run outcomes under three alternative scenarios. Our results show that Mexico will dramatically expand the size of its cow herd. The expanded supply and lower post-slaughter processing cost in...
Tipo: Working or Discussion Paper Palavras-chave: North American Free Trade Agreement; Beef industry; Meat packing; Technology transfer; Tariffs; United States; Mexico; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies.
Ano: 1997 URL: http://purl.umn.edu/18256
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THE ECONOMICS OF CARCASS BEEF PRODUCTION: AN APPRAISAL OF FLORIDA'S FEEDLOT POTENTIAL AgEcon
Prevatt, J. Walter; Melton, Bryan E.; Spreen, Thomas H.; Mathis, William Kary.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1978 URL: http://purl.umn.edu/30490
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