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Quantifying Economic Benefits of Sow-Herd Management Information Systems Using Panel Data

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  • Jos A.A.M. Verstegen
  • Ruud B.M. Huirne
  • Aalt A. Dijkhuizen
  • Robert P. King

Abstract

Economic benefits of management information systems (MIS) in sow farming were quantified by combining data from two survey studies. Panel analysis was conducted through estimation of a mixed-effects model by ordinary least-squares. Effects were analyzed both within farms and over farms at the same time, controlling for self-selection bias and changes over time. Adjusted for other effects in the model, production on farms adopting MIS increased by 0.56 piglets per sow per year, indicating a return on investment of between 220% and 348%. Additional tests and checks indicate that this outcome is robust.

Suggested Citation

  • Jos A.A.M. Verstegen & Ruud B.M. Huirne & Aalt A. Dijkhuizen & Robert P. King, 1995. "Quantifying Economic Benefits of Sow-Herd Management Information Systems Using Panel Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(2), pages 387-396.
    • Handle: RePEc:oup:ajagec:v:77:y:1995:i:2:p:387-396.
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    Cited by:

    1. Tomaszewski, M. A. & van Asseldonk, M. A. P. M. & Dijkhuizen, A. A. & Huirne, R. B. M., 2000. "Determining farm effects attributable to the introduction and use of a dairy management information system in The Netherlands," Agricultural Economics, Blackwell, vol. 23(1), pages 79-86, June.
    2. Huirne, R.B.M. & Harsh, S.B., 1999. "The role of Information in Dutch and US dairy farm-management," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 35.
    3. Josep M. Argilés, 2002. "Importancia de la información contable para el análisis y predicción de la viabilidad de las explotaciones agrícolas," Economics Working Papers 612, Department of Economics and Business, Universitat Pompeu Fabra.
    4. Josep Argilés & E. Slof, 2003. "The use of financial accounting information and firm performance: an empirical quantification for farms," Accounting and Business Research, Taylor & Francis Journals, vol. 33(4), pages 251-273.

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