Producer Valuation Of Herd Bull Characteristics
AbstractThis study evaluates the importance of certain bull characteristics (disposition, EPD's, conformation, etc.) on a cow-calf producer's herd bull purchase decision. Data were collected from the Auburn University Bull Test Sale from 1997 to 2004. A total of 260 buyers purchased a total of 370 bulls during this six-year period. These buyers will be surveyed to determine demographics, farm characteristics, and the importance of factors influencing their bull purchase decision. A hedonic pricing model will be utilized to determine the value that individual buyers place on various factors or bull characteristics when purchasing a bull.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20214.
Date of creation: 2004
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- Dhuyvetter, Kevin C. & Schroeder, Ted C. & Simms, Danny D. & Bolze, Ronald P., Jr. & Geske, Jeremy, 1996. "Determinants Of Purebred Beef Bull Price Differentials," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(02), December.
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- Gary Crow, 1997. "Estimating the Values of Cattle Characteristics Using an Ordered Probit Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 463-476.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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