IDEAS home Printed from https://ideas.repec.org/p/ags/aaea03/21968.html
   My bibliography  Save this paper

Modeling Extensive Livestock Production Systems: An Application To Sheep Production In Kazakhstan

Author

Listed:
  • Howitt, Richard E.
  • Kobayashi, Mimako
  • Jarvis, Lovell S.
  • Laca, Emilio A.

Abstract

A stochastic dynamic programming model for extensive livestock systems is developed. The model optimizes sales/retention decisions when future forage production, which affects animal performance and hence profitability, is uncertain. The model is applied to sheep production in Kazakhstan to evaluate policy alternatives.

Suggested Citation

  • Howitt, Richard E. & Kobayashi, Mimako & Jarvis, Lovell S. & Laca, Emilio A., 2003. "Modeling Extensive Livestock Production Systems: An Application To Sheep Production In Kazakhstan," 2003 Annual meeting, July 27-30, Montreal, Canada 21968, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea03:21968
    DOI: 10.22004/ag.econ.21968
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/21968/files/sp03ko02.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.21968?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Larry Karp & Arden Pope III, 1984. "Range Management under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 437-446.
    2. Jarvis, Lovell S, 1974. "Cattle as Capital Goods and Ranchers as Portfolio Managers: An Application to the Argentine Cattle Sector," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 489-520, May/June.
    3. G. Passmore & Colin G. Brown, 1991. "Analysis Of Rangeland Degradation Using Stochastic Dynamic Programming," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 35(2), pages 131-157, August.
    4. Richard B. Standiford & Richard E. Howitt, 1992. "Solving Empirical Bioeconomic Models: A Rangeland Management Application," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(2), pages 421-433.
    5. W. Marshall Frasier & George H. Pfeiffer, 1994. "Optimal Replacement and Management Policies for Beef Cows," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 847-858.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhao, Zishun & Wahl, Thomas I. & Marsh, Thomas L., 2006. "Invasive Species Management: Foot-and-Mouth Disease in the U.S. Beef Industry," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(1), pages 98-115, April.
    2. Mathews, Kenneth H., Jr. & Short, Sara D., 2001. "The Beef Cow Replacement Decision," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 19(2), pages 1-21.
    3. Cook, Billy & Biermacher, Jon T. & Childs, Dan, 2007. "PR - The Value Of Pregnancy Testing Spring-calving Beef Cows," 16th Congress, Cork, Ireland, July 15-20, 2007 345369, International Farm Management Association.
    4. Adhikari, Murali & Houston, Jack E. & Bandyopadhyay, Dipankar & Paudel, Laxmi & Devkota, Nirmala & Paudel, Biswo Nath, 2003. "Water Demand Forecasting For Poultry Production: Structural, Time Series, And Deterministic Assessment," 2003 Annual meeting, July 27-30, Montreal, Canada 22127, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Aadland, David, 2004. "Cattle cycles, heterogeneous expectations and the age distribution of capital," Journal of Economic Dynamics and Control, Elsevier, vol. 28(10), pages 1977-2002, September.
    6. Ashraf J. Zaied & Hatim M. E. Geli & Andres F. Cibils & Mohammed N. Sawalhah & Jerry L. Holechek & Charlotte C. Gard & Saleh A. Idhirij & Melakeneh G. Gedefaw & Greg L. Torell, 2021. "Beef Cattle Price and Production Patterns in Relation to Drought in New Mexico," Sustainability, MDPI, vol. 13(18), pages 1-20, September.
    7. Saunders, Caroline M. & Wreford, Anita, 2003. "Greenhouse gas emissions from livestock production," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 58273, Australian Agricultural and Resource Economics Society.
    8. Webber, C. A. & Graham, J. D. & MacGregor, R. J., 1988. "A Regional Analysis of Direct Government Assistance Programs in Canada and their Impacts on the Beef and Hogs Sectors," Working Papers 244071, Agriculture and Agri-Food Canada.
    9. Sayed H Saghaian & Gokhan Ozertan & Hasan Tekguc, 2013. "Beef and milk price links in Turkey," Economics Bulletin, AccessEcon, vol. 33(4), pages 2607-2616.
    10. Rausser, Gordon C., 1985. "Macroeconomic environment for U.S. agricultural policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2561m38d, Department of Agricultural & Resource Economics, UC Berkeley.
    11. Börner, Jan & Higgins, Steven Ian & Scheiter, Simon & Kantelhardt, Jochen, 2009. "Approximating optimal numerical solutions to bio-economic systems: How useful is simulation-optimization?," 2009 Conference, August 16-22, 2009, Beijing, China 51407, International Association of Agricultural Economists.
    12. Ospina, Enrique & Shumway, C. Richard, 1979. "Disaggregated Analysis Of Short-Run Beef Supply Response," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(2), pages 1-18, December.
    13. Jarvis, Lovell S. & Medero, Maria Del Rosario, 1988. "Domestic Beef Price Stabilization in a Beef Exporting Country: Uruguay 1961-86," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183150, International Association of Agricultural Economists.
    14. Janssen, Marco A. & Anderies, John M. & Walker, Brian H., 2004. "Robust strategies for managing rangelands with multiple stable attractors," Journal of Environmental Economics and Management, Elsevier, vol. 47(1), pages 140-162, January.
    15. Peter R. Tozer & Thomas. L. Marsh & Evgeniy V. Perevodchikov, 2015. "Economic Welfare Impacts of Foot-and-Mouth Disease in the Canadian Beef Cattle Sector," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(2), pages 163-184, June.
    16. Lynn Hunnicutt & David Aadland, 2002. "Market Power with Dynamic Invertory Constraints: The Bias in Standard Measures," Working Papers 2002-15, Utah State University, Department of Economics.
    17. Hennessy, David A., 2006. "Feeding and the Equilibrium Feeder Animal Price-Weight Schedule," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(2), pages 1-23, August.
    18. Rulon D. Pope & Jeffrey T. LaFrance, 2013. "Robust Error Specification in a Production System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(3), pages 669-684.
    19. Marc Nerlove, 1979. "The Dynamics of Supply: Retrospect and Prospect," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 874-888.
    20. Turner, Matthew D. & Williams, Timothy O., 2002. "Livestock Market Dynamics and Local Vulnerabilities in the Sahel," World Development, Elsevier, vol. 30(4), pages 683-705, April.

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea03:21968. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.