Adoption and Profitability of Breeding Technologies on United States Dairy Farms

Aditya Khanal and Jeffrey Gillespie

No 98574, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

Abstract: Adoption decisions and profitability of advanced breeding technologies are analyzed for U.S. dairy farms. The bivariate probit with selection model is used. Results show that specialized, younger, more educated farmers with longer planning horizons are more likely to adopt the technologies, with positive impacts on profitability and negative influences on cost of production.

Keywords: Farm Management; Livestock Production/Industries; Production Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 22
Date: 2011
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98574

DOI: 10.22004/ag.econ.98574

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