Value Of New Technologies In Dairy Farming: The Case Of Robotic Milking
AbstractThe economic value of the innovation robotic milking systems (AMS) is examined for Swedish dairy operations. A mixed integer mathematical programming model, considering crops, calving distribution, seasonality and capacity constraints of the AMS system, is developed. The marginal value of increasing the capacity of the AMS unit is found to amount to 40-60% of the milk revenues per cow.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 22006.
Date of creation: 2003
Date of revision:
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More information through EDIRC
Technology innovations; Dairy systems; Livestock Production/Industries; Q12;
Find related papers by JEL classification:
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
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- Lagerkvist, Carl Johan, 1999. "The User Cost of Capital in Danish and Swedish Agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 26(1), pages 79-100, March.
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