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Nepal’s Sacred Cattle: Profitability Analysis and Policy Implications

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  • Ojo, Kehinde Elizabeth
  • VanSickle, John J.
  • Thapa, Bhawna

Abstract

This paper analyzes Nepal’s current livestock policy, which is rooted in culture and religion, and the extent to which its design has not kept pace with the continuing transformation of the country’s agricultural landscape. It estimates the impact of the no-slaughtering of cattle policy on dairy producers using Latin hypercube simulations to quantify a baseline and alternative scenario for cattle milk production. The baseline models the current production system, while the alternative scenario models milk production where producers are allowed to slaughter or export cattle. Results indicate that farmers’ profit per liter of milk increases by 19 to 31 percent in the alternative scenario.

Suggested Citation

  • Ojo, Kehinde Elizabeth & VanSickle, John J. & Thapa, Bhawna, 2022. "Nepal’s Sacred Cattle: Profitability Analysis and Policy Implications," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 19(01), June.
    • Handle: RePEc:ags:phajad:323994
    DOI: 10.22004/ag.econ.323994
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    References listed on IDEAS

    as
    1. Santosh Anagol & Alvin Etang & Dean Karlan, 2017. "Continued Existence of Cows Disproves Central Tenets of Capitalism?," Economic Development and Cultural Change, University of Chicago Press, vol. 65(4), pages 583-618.
    2. Richardson, James W. & Mapp, Harry P., Jr., 1976. "Use Of Probabilistic Cash Flows In Analyzing Investments Under Conditions Of Risk And Uncertainty," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(2), pages 1-6, December.
    3. Orazio Attanasio & Britta Augsburg, 2018. "Holy Cows or Cash Cows? The Economic Return to Livestock in Rural India," Economic Development and Cultural Change, University of Chicago Press, vol. 66(2), pages 307-330.
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