bST & Milk: Benefit or Bane?
Anya M. McGuirk and
Harry Kaiser
Choices: The Magazine of Food, Farm, and Resource Issues, 1991, vol. 06, issue 01, 5
Abstract:
Bovine somatotropin (bST), a genetically engineered hormone for dairy cows that could increase milk yields by as much as 10 to 25 percent, is currently in the final phases of the U.S. Food and Drug Administration (FDA) approval process. Anticipating its ultimate approval economists and industry analysts have concentrated their studies on the potential impact of bST on individual farmers, as well as on the dairy industry as a whole-the supply effects. In contrast, demand aspects have been largely ignored. But they shouldn't be because consumer backlash to bST in terms of lower demand could be substantial.
Keywords: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:130670
DOI: 10.22004/ag.econ.130670
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