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Production And Financial Impacts Of The Adoption Of Bovine Somatotropin On U.S. Dairy Farms

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Author Info
McBride, William D.
Short, Sara
El-Osta, Hisham
Abstract

Production and financial impacts of recombinant bovine somatotropin (rbST) adoption are assessed using a survey of U.S. dairy operations and a model that corrects for self-selection bias. A substantial increase in milk production per cow is associated with rbST adoption, but large estimated financial impacts are not statistically significant. Substantial variation in the net returns of rbST adopters may be related to the management-intensive nature of rbST.

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File URL: http://purl.umn.edu/19908
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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2002 Annual meeting, July 28-31, Long Beach, CA with number 19908.

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Date of creation: 2002
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Handle: RePEc:ags:aaea02:19908

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Related research
Keywords: Livestock Production/Industries;

References listed on IDEAS
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  1. Stefanides, Zdenko & Tauer, Loren W., 1998. "The Empirical Impact Of Bovine Somatotropin On A Group Of New York Dairy Farms," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20888, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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  2. Feder, Gershon & Just, Richard E & Zilberman, David, 1985. "Adoption of Agricultural Innovations in Developing Countries: A Survey," Economic Development and Cultural Change, University of Chicago Press, vol. 33(2), pages 255-98, January.
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