Ex Ante Evaluation of the Economic Impacts of Growth Promotants in the U.S. Livestock and Meat Sector
Marvin L. Hayenga and
Brian Buhr
Staff General Research Papers Archive from Iowa State University, Department of Economics
Abstract:
Introduction of animal growth-enhancing technologies will have significant economic impacts on the U.S. livestock sector. Products analyzed include somatotropins and b-agonists in both beef and pork. Economic impacts on the beef, pork, and poultry sectors are estimated using a quarterly econometric simulation model of the U.S. livestock sector. The model allows for: (1) dynamic interaction of the competing meat animal industries as growth-enhancing products become available in each industry; and (2) comprehensive accounting of the cross-commodity effects of the technology changes. Results show that initial adopters are likely to obtain some benefits, but industry profits return to "normal" in the longer run.
Date: 1994-05-01
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Published in Review of Agricultural Economics, May 1994, vol. 16 no. 2, pp. 159-174
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
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:isu:genres:11318
Access Statistics for this paper
More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().