MARKET IMPACTS OF BOVINE SOMATROPIN: A SUPPLY AND DEMAND ANALYSIS

Harry Kaiser

Southern Journal of Agricultural Economics, 1992, vol. 24, issue 01, 12

Abstract: The potential economic impacts of the introduction of bovine somatotropin (bST) on U.S. milk supply and demand are analyzed using a national model of Class I and Class II milk markets. The results indicate that the introduction of bST will lead to lower milk prices, higher milk production, and larger government purchases of dairy products. Unlike previous economic analyses of bST, this analysis considers both supply and demand effects of bST. The implication is that studies that ignore potential demand-side effects may produce misleading results.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1992
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/30388/files/24010271.pdf (application/pdf)

Related works:
Journal Article: Market Impacts Of Bovine Somatropin: A Supply And Demand Analysis (1992)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:30388

DOI: 10.22004/ag.econ.30388

Access Statistics for this article

More articles in Southern Journal of Agricultural Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().