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Provedor de dados:  AgEcon
País:  United States
Título:  Optimal Agricultural Policy with Biotechnology: Bovine Somatotropin and the Dairy Sector
Autores:  Tauer, Loren W.
Kaiser, Harry M.
Data:  2012-03-07
Ano:  1990
Palavras-chave:  Dairy Policy
Optimal Control
Bovine Somatotropin
Bovine Growth Hormone
Technology.
Agricultural and Food Policy
Livestock Production/Industries
Resumo:  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
Idioma:  Inglês
Identificador:  http://purl.umn.edu/121536
Relação:  Cornell University>Department of Applied Economics and Management>Staff Papers
SP 90-09
Formato:  40
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