A PROSPECTIVE ASSESSMENT OF THE IMPACTS OF BOVINE SOMATOTROPIN - A CASE-STUDY OF WISCONSIN

被引:11
作者
MARION, BW
WILLS, RL
机构
[1] Department of Agricultural Economics, University of Wisconsin
关键词
Biotechnology; BST; Ex ante assessment; New technology; Socioeconomic impact;
D O I
10.2307/1242336
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
The predicted effects of bST on aggregate supply, milk price, and farm structure is extremely sensitive to several key assumptions: the impact of bST on production per cow, cost of bST to farmers, returns required by farmers to adopt bST, price of milk when bST is introduced, speed and extent of adoption. A case study of Wisconsin dairy farms indicates that the overall economic impact of bST will be much less than most other studies have predicted. The projected effects, however, are similar to Cochrane’s treadmill theory, albeit less severe than predicted by earlier estimates. © 1990 American Agricultural Economics Association.
引用
收藏
页码:326 / 336
页数:11
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