RISK AND TECHNOLOGICAL ADVANCE IN THE URUGUAYAN LIVESTOCK SECTOR: A QUADRATIC PROGRAMMING APPROACH

Roberto E. Vazquez, Lonnie L. Jones and Robert E. Whitson

No 190954, 1977 Occasional Paper Series No. 1 from International Association of Agricultural Economists

Abstract: The importance of the livestock sector to the economy of Uruguay can hardly be overstated. Livestock related exports averaged 83.7 percent of the country's total exports in the period 1967-1973 (Munoz Duran). In recent years, however, the country has faced a problem of a relatively slow rate of adoption of production increasing technologies on the part of livestock producers. This has resulted in low levels of livestock productivity, a low rate of growth in the economy and a deteriorating balance of payment position (Vazquez).

Keywords: Agricultural Finance; Livestock Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 13
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo1:190954

DOI: 10.22004/ag.econ.190954

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