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Registros recuperados: 57 | |
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Tauer, Loren W.. |
Production and profit impacts from the use of recombinant Bovine Somatotropin (rbST) on dairy farms were estimated using switching regression, with separate regressions for rbST-using farms and non-rbST-using farms. To correct for potential self-selection bias, a probit adoption function was estimated and used to correct the error term in each regression equation. Farmers who use rbST were found to have more formal education and have larger dairy herds, but age was not a significant determining factor in adoption. RbST was estimated to increase milk production per cow even when correcting for the fact that rbST users would have higher milk production per cow without the use of rbST. However, that greater production per cow from rbST use did not... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
Ano: 2004 |
URL: http://purl.umn.edu/20411 |
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Kauffman, Jonas B. III; Tauer, Loren W.. |
First-degree and second-degree stochastic dominance were used to separate a panel of 112 dairy farms with ten annual observations per farm into successful and less successful groups using four different performance measures. Logit regression using 16 independent variables was then used to determine important farm characteristics leading to farm success. High milk production and controlling hired labor and purchased feed expenses were important. The selective adoption of new technologies was also important. Optimal debt-asset ratios varied over the 10-year period. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1986 |
URL: http://purl.umn.edu/29046 |
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Tauer, Loren W.; Boehlje, Michael. |
This article discusses the application of a quadratic programming model to the bond and note participation decision of a Cooperative Farm Credit Bank. The model generates an efficient frontier of bond and note portfolios from which a bank can choose. The composition of these portfolios depends upon the expected cost and variance-covariance of cost for the bond and note activities, debt needs, and the debt policy constraints of a bank. The results indicate that the interest rate risk of various bond and note issues should be considered when making debt participation decisions. |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 1981 |
URL: http://purl.umn.edu/32581 |
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Magrath, William B.; Tauer, Loren W.. |
The price and quantity effects of a forthcoming biotechnology product, bovine growth hormone (bGH), are explored in a simple partial equilibrium model. The model is based on previous theoretical work on technological change but is developed in terms of a sector output. A particular output curve is estimated using data from a random sample of New York State dairy farms. Information on the farm level production effects of bGH is used to shift the output curve and to solve for equilibrium levels of price and output. The model projects the bGH may lead to the exit of 5,400 New York dairy farms and a 20 percent reduction in herd size. Consumers will benefit from an approximately 30 percent drop in milk price. The effect on gradual diffusion of bGH on farm... |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1986 |
URL: http://purl.umn.edu/28882 |
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Tauer, Loren W.; Kaiser, Harry M.. |
A conceptual model is formulated that shows that a downward sloping supply function may exist for a profit maximizing firm facing a cash-flow constraint. The necessary requirement is that at least one factor must be a non-cash input. The model is tested using analysis of variance on two groups of producers from farm record data, one group facing a binding budget constraint the other group not. The results indicate that farms facing a cash flow constraint increase output more than farms not restricted by a cash flow constraint in response to a price decrease. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1988 |
URL: http://purl.umn.edu/28844 |
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Tauer, Loren W.; Lordkipanidze, Nazibrola. |
In a competitive market dairy production will shift to that region which is the most productive. Thus, this paper reports the measurement of productivity of dairy production in the various states of the U.S. using recent Census data and non-parametric Malmquist index techniques. These are total factor productivity measures that do not require the assumption of cost or profit maximization behavior for aggregation. Individual state estimates of changes in efficiency, technology, and productivity from 1987 to 1992 were computed, divided by 1987 values. Over these states the average increase in productivity was 3.6 percent, or about 0.7 percent per year. Almost all of the productivity increase occurred from technological change, since the average increase in... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Dairy Productivity; Malmquist Index; Livestock Production/Industries; Productivity Analysis. |
Ano: 1999 |
URL: http://purl.umn.edu/21670 |
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Tauer, Loren W.. |
This paper discusses the value to milk producers and consumers of segmenting the milk market into bST-produced milk and non-bST-produced milk markets, versus losing milk consumption from consumers who will not consume bST-produced milk. Results indicate that both bST-using producers and non-bST-using producers benefit from a segmented market when compared to losing milk markets. Even if market loss does not occur, segmenting the market benefits producers not able to effectively use b~T and may even benefit bST users if the use of bST significantly shifts the supply curve for milk. Non-bST consuming consumers benefit from the availability of non-bST milk, and consumers who are indifferent to the use of bST pay about the same price in a segmented market. |
Tipo: Working Paper |
Palavras-chave: Livestock Production/Industries; Marketing. |
Ano: 1993 |
URL: http://purl.umn.edu/121326 |
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Tauer, Loren W.; Nightingale, Cameron; Ivanek, Renata; Wiedmann, Martin. |
Reducing the incidence of listeriosis from contaminated food has significant social health benefits, but reduction requires the use of additional or higher quality inputs at higher costs. We estimate the impact of three inputs in a food processing plant on the prevalence of L. monocytogenes contaminated finished cold smoked salmon. These three inputs were non-contamination of the raw fish fillets, non-contamination of the plant environment, and rate of glove changes on workers. We then estimate the levels of these inputs to use such that the marginal cost of these inputs become equal to the increased social health benefit of reduction in human listeriosis. Since the costs of these inputs are borne by the food processing plant, which may not be able to... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
Ano: 2005 |
URL: http://purl.umn.edu/19423 |
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Schmit, Todd M.; Chang, Hung-Hao; Boisvert, Richard N.; Tauer, Loren W.. |
The major sources of variability in net farm income on New York dairy farms over the past 10 years are identified using Dairy Farm Business Summary records. The most important source of income variability is the fluctuation in milk prices, followed closely by year-to-year variation in the quantity of purchased feeds. These results suggest that forward pricing of milk and feed purchases may be effective risk reduction strategies. Since a few farms have large cull cow sales, probably due to disease or other production problems, new insurance products to insure against disease may be useful to dairy farmers. It appears that older farmers are more successful in engaging in activities that increase diversification and reduce the variability in reductions in... |
Tipo: Working Paper |
Palavras-chave: Livestock Production/Industries; Risk and Uncertainty. |
Ano: 2007 |
URL: http://purl.umn.edu/121879 |
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Tauer, Loren W.; Seleka, Tebogo B.. |
Changes in individual states' agricultural production diversity and variance of cash receipts were measured over the 30-year period 1960 through 1989. Diversity was measured using a general index, of which the inverse Herfindahl and the Entropy are special cases. Cash receipt variability was measured using a heteroscedasticity correction process. Although 38 states experienced an increase in cash receipt variability, only 14 states also experienced a decrease in diversification. Thus, it appears that an increase in cash receipt variability was not due to reduction in diversification for most states. |
Tipo: Working or Discussion Paper |
Palavras-chave: Production Economics. |
Ano: 1994 |
URL: http://purl.umn.edu/14764 |
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Registros recuperados: 57 | |
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