Information And Dynamic Adjustment In The U S Dairy Industry

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Information And Dynamic Adjustment In The U S Dairy Industry

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Author : Wayne Hendrix Howard
language : en
Publisher:
Release Date : 1987

Information And Dynamic Adjustment In The U S Dairy Industry written by Wayne Hendrix Howard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Dairy farming categories.

Quality of information and the ability of producers to act upon information are important factors influencing technological progress. The dissemination by extension agents of information on dairy management practices used to control mastitis and the reception and use of that information by producers is investigated. Producers are surveyed to determine current practices used. The relationship between milk yield, somatic cell count, management practices, and producer and production characteristics is estimated. Subjective probabilities are elicited from "experts", extension agents, and producers concerning the impact and cost of various management practices. Subjective marginal value products and marginal input costs are computed and compared for the respondent groups. Stochastic dominance is used to rank the relative importance of the practices as perceived by the respondents. A dual model is used to examine aggregate technical change and the dynamic structure of the U.S. dairy industry. Properties implied by the theory of the competitive firm and independent adjustment of two quasi-fixed inputs, labor and herd size, are tested and not rejected. Instantaneous adjustment, however, is soundly rejected for each quasi-fixed input. Input adjustment to optimal levels is estimated to take about two years for labor and ten for cows. Robustness of dynamic dual model results to choice of functional form is also examined. Modified generalized Leontief (GL) and normalized quadratic (NQ) functional forms are compared by examining their consistency with properties of the competitive firm, estimated rates of adjustment for labor and cows, tests on technological change, and elasticities. Homogeneity and symmetry is maintained in both models. Convexity is not rejected by the GL but is rejected by the NQ. Absence of technological change is rejected by both models, but the quality index on labor fully embodies the technological change occurring within labor in the NQ but not in the GL. Elasticities differ greatly between the functional forms. Dynamic dual models are not found to be robust to the choice of functional form

Information And Dynamic Adjustment In The U S Dairy Industry

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Author : Wayne Hendrix Howard
language : en
Publisher:
Release Date : 1987

Information And Dynamic Adjustment In The U S Dairy Industry written by Wayne Hendrix Howard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Dairy farming categories.

Dynamic Adjustment In The U S Dairy Industry

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Author : Wayne H. Howard
language : en
Publisher:
Release Date : 1987

Dynamic Adjustment In The U S Dairy Industry written by Wayne H. Howard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Dairying categories.

Program For Adjusting The Dairy Industry

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Author : United States. Agricultural Adjustment Administration
language : en
Publisher:
Release Date : 1934

Program For Adjusting The Dairy Industry written by United States. Agricultural Adjustment Administration and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1934 with Dairy products industry categories.

A Dynamic Optimal Control Study Of U S Dairy Policy Alternatives

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Author : Fude Wang, 1964-
language : en
Publisher:
Release Date : 1993

A Dynamic Optimal Control Study Of U S Dairy Policy Alternatives written by Fude Wang, 1964- and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.

Factors That Affect The Supply And Demand Adjustment Processes In The U S Dairy Industry

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Author : Chin-Hwa Sun
language : en
Publisher:
Release Date : 1994

Factors That Affect The Supply And Demand Adjustment Processes In The U S Dairy Industry written by Chin-Hwa Sun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Dairy products industry categories.

Asset Fixity Non Reversibilities And Dynamic Structure Of Production

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Author : Ching-cheng Chang
language : en
Publisher:
Release Date : 1993

Asset Fixity Non Reversibilities And Dynamic Structure Of Production written by Ching-cheng Chang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Agricultural innovations categories.

Dynamic Patterns Of Change In Structure Under Different Support Policy Regimes

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Author : Erica Jean Pagel
language : en
Publisher:
Release Date : 2005

Dynamic Patterns Of Change In Structure Under Different Support Policy Regimes written by Erica Jean Pagel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.

General Technical Report Se

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Author :
language : en
Publisher:
Release Date : 1991

General Technical Report Se written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.

Handbook Of Production Economics

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Author : Subhash C. Ray
language : en
Publisher: Springer Nature
Release Date : 2022-06-02

Handbook Of Production Economics written by Subhash C. Ray and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-02 with Business & Economics categories.

This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.