Technology Adoption and Its Impact on Production Performance of Dairy Operations
Hisham S. El-Osta and
Mitchell J. Morehart
Review of Agricultural Economics, 2000, vol. 22, issue 2, 477-498
Abstract:
Data from the 1993 Agricultural Resource Management Study were used to examine the impact of technology adoption on production performance of a sample of dairy farms. Findings showed that the adoption of a capital- or a management-intense technology would measurably lower the likelihood of a farmer being in the lowest quartile of production performance. The economic costs of milk production by the top-performance group were estimated to be 53% lower than those by the low-performance group, providing evidence of the importance of improved production practices to the viability of many dairy operations.
Date: 2000
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