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Selective Breeding, Heritable Characteristics And Genetic-Based Technological Change In The Canadian Beef Cattle Industry

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  • Kerr, William A.

Abstract

The paper presents an examination of genetic-based technological change in the Canadian beef cattle industry. A model of technological change is explicitly developed in characteristics space. Production functions with genetic characteristics as arguments are estimated and two forms of technological change identified. Shadow values for characteristics are then calculated and actual genetic improvements are compared to the improvements suggested by the shadow prices. It is concluded that market forces are sufficient to regulate the process of genetic-based technological change in the Canadian beef cattle industry.

Suggested Citation

  • Kerr, William A., 1984. "Selective Breeding, Heritable Characteristics And Genetic-Based Technological Change In The Canadian Beef Cattle Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-15, July.
    • Handle: RePEc:ags:wjagec:32362
    DOI: 10.22004/ag.econ.32362
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    References listed on IDEAS

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    1. Joseph G. Nagy & W. Hartley Furtan, 1978. "Economic Costs And Returns From Crop Development Research: The Case Of Rapeseed Breeding In Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 26(1), pages 1-14, February.
    2. Diewert, W. E., 1973. "Functional forms for profit and transformation functions," Journal of Economic Theory, Elsevier, vol. 6(3), pages 284-316, June.
    3. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    4. George W. Ladd & Craig Gibson, 1978. "Microeconomics of Technical Change: What's a Better Animal Worth?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 236-240.
    5. Robert Wilson, 1977. "A Bidding Model of Perfect Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 511-518.
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    Citations

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    Cited by:

    1. Amaro, Ignacio Benito, 2021. "Valuation Method of Livestock Loss: Farm Level," 2021 Conference, August 17-31, 2021, Virtual 314995, International Association of Agricultural Economists.
    2. Johnson, Nancy L., 1995. "The Diffusion Of Livestock Breeding Technology In The U.S.: Observations On The Relationship Between Technical Change And Industry Structure," Staff Papers 13706, University of Minnesota, Department of Applied Economics.
    3. Wayne H. Howard & John Cranfield, 1995. "Ontario Beef Producers'Attitudes about Artificial Insemination," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 43(2), pages 305-314, July.
    4. Considine, Jennifer I. & Kerr, William A. & Smith, Gregory R. & Ulmer, S. Monica, 1986. "The Impact Of A New Grading System On The Beef Cattle Industry: The Case Of Canada," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-11, December.
    5. Schroeder, Ted C. & Mintert, James R. & Brazle, Frank & Grunewald, Orlen C., 1988. "Factors Affecting Feeder Cattle Price Differentials," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(1), pages 1-11, July.
    6. Richards, Timothy J. & Jeffrey, Scott R., 1995. "Hedonic Pricing of Dairy Bulls - An Alternative Index of Genetic Merit," Project Report Series 24035, University of Alberta, Department of Resource Economics and Environmental Sociology.
    7. Dhuyvetter, Kevin C. & Schroeder, Ted C. & Simms, Danny D. & Bolze, Ronald P., Jr. & Geske, Jeremy, 1996. "Determinants Of Purebred Beef Bull Price Differentials," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(2), pages 1-15, December.
    8. Christine E Whitt & Loren W Tauer & Heather Huson, 2019. "Bull efficiency using dairy genetic traits," PLOS ONE, Public Library of Science, vol. 14(11), pages 1-14, November.
    9. Gray, Emily M. & Ahmadi-Esfahani, Fredoun Z. & Isberg, Sally R., 2007. "Simulating economic values of a genetic improvement program for Australian farmed saltwater crocodiles," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(1), pages 1-16.
    10. Daniel Muluwork Atsbeha & Dadi Kristofersson & Kyrre Rickertsen, 2012. "Animal Breeding and Productivity Growth of Dairy Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(4), pages 996-1012.

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