New York Milk Supply with Bovine Growth Hormone
William B. Magrath and
Loren W. Tauer
Review of Agricultural Economics, 1988, vol. 10, issue 2, 233-241
Abstract:
New York milk supply functions with and without bovine growth hormone (somatotropin) were estimated by a sector linear programming model. High government price supports make bGH profitable and induce significant increases in output. Reduction or elimination of price supports greatly diminishes bGH as a viable technology except with high-producing herds or at low bGH prices.
Date: 1988
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