The Adoption and Profitability of rbST on Connecticut Dairy Farms

Jeremy Foltz and Hsiu-Hui Chang

No 55, Food Marketing Policy Center Research Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy

Abstract: This work estimates Probit and Tobit models of the adoption of rbST on Connecticut dairy farms and then endogenizes that adoption in estimates of milk production and farm profit rates. The work improves on the current literature by allowing the rbST decision to be both continuous and contingent on other technology adoption decisions. The results show that larger farms, with more productivity technologies, and with younger, more educated farmers are more likely to adopt rbST. While rbST is shown to significantly increase milk production there is no evidence it increases profits on a per cow basis.

Keywords: Livestock Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: The Adoption and Profitability of rbST on Connecticut Dairy Farms (2002)
Working Paper: The Adoption and Profitability of rbST on Connecticut Dairy Farms (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:zwi:fpcrep:055

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