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Estimation of Treatment Effects of recombinant Bovine Somatotropin using Matching Samples AgEcon
Tauer, Loren W..
The production and profit impacts of recombinant Bovine Somatotropin (rbST) on select New York dairy farms were estimated using data over the years 1994 through 2004, by comparing matching farms which use and do not use rbST. The use of rbST increases milk production per cow and decreases the cost of production per hundredweight of milk. The cost penalty (cost reduction) is $0.39 per hundredweight for those currently using rbST to stop using rbST, while the average treatment effect is $0.73.
Tipo: Working or Discussion Paper Palavras-chave: Bovine Somatotropin; BST; Dairy; Matching Samples; Treatments; Agribusiness; Farm Management; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/51118
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Optimal Agricultural Policy with Biotechnology: Bovine Somatotropin and the Dairy Sector AgEcon
Tauer, Loren W.; Kaiser, Harry M..
A control model of the U.S. dairy sector was constructed to determine optimal policy when bovine somatotropin is released. Social welfare defined as consumer plus producer surplus minus adjustment and net government costs was maximized. Control variables were the milk support price and government purchases of cows. Compared to previous simulation research where government policy and adoption were modeled exogenously, the results show that policy not overly disruptive to the dairy sector is possible.
Tipo: Working Paper Palavras-chave: Dairy Policy; Optimal Control; Bovine Somatotropin; Bovine Growth Hormone; Technology.; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 1990 URL: http://purl.umn.edu/121536
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