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Animal Efficiency in an Intensive Beef Production System AgEcon
Fleming, Euan M.; Fleming, Pauline; Rodgers, Heidi; Griffith, Garry R.; Johnston, David.
A stochastic input distance function is estimated to analyse the efficiency with which physical characteristics of individual lot-fed beef cattle in Australia are combined with conventional inputs to produce a final product possessing defined quality attributes. High mean technical efficiency estimates are reported for all animals and by breed. All partial output elasticities with respect to inputs are of expected sign. Of four outputs included in the analysis, carcass weight and moisture retention in meat after cooking have highly significant coefficients of expected sign, but two meat quality variables have coefficients of unexpected sign indicating that they decline as inputs increase. Some evidence is detected of scope economies between moisture...
Tipo: Conference Paper or Presentation Palavras-chave: Efficiency; Intensive agriculture; Scope economies; Livestock Production/Industries; Q12; C51.
Ano: 2005 URL: http://purl.umn.edu/24673
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Estimation of a Multi-Input Multi-Output Model of Lot-Fed Beef Cattle in Australia AgEcon
Fleming, Pauline; Fleming, Euan M.; Griffith, Garry R.; Johnston, David.
Most analyses of technical efficiency and productivity focus on the activities of firms or institutions using inputs to produce outputs. In this paper, we report the results of an efficiency analysis that is couched in a different context. We analyse the efficiency with which physical characteristics of individual lot-fed Australian beef cattle are combined with conventional inputs to produce a final product with several attributes that consumers value. Data on 214 animals across seven breeds were used to estimate a stochastic input distance function with multiple inputs and multiple outputs. Estimates were obtained after controlling for differences between breeds, seasons and sex. Because of variations in feeding regimes for different markets, the data...
Tipo: Working or Discussion Paper Palavras-chave: Beef; Feedlot; Input distance function; Meat quality; Scope economies; Technical efficiency; Livestock Production/Industries; Productivity Analysis.
Ano: 2004 URL: http://purl.umn.edu/12944
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