IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v58y1976i3p466-474..html
   My bibliography  Save this article

Estimation of Gain Isoquants and a Decision Model Application for Swine Production

Author

Listed:
  • Steven T. Sonka
  • Earl O. Heady
  • P. Fred Dahm

Abstract

Historic estimates of livestock production functions have used repeated observations on the animals to estimate the overall gain surface. The estimates involve autocorrelation accordingly. To circumvent this problem, gain isoquants are estimated directly by means of an instrumental variable approach. Data are from a swine experiment designed for the purpose with 648 hogs. Protein supplement and corn serve as the substitute inputs. Protein supplement is estimated as the instrumental variable. Isoquant equations then are predicted for three weight intervals. Finally, a decision model is applied for economic choice. Comparisons are made for various price sets of recent years.

Suggested Citation

  • Steven T. Sonka & Earl O. Heady & P. Fred Dahm, 1976. "Estimation of Gain Isoquants and a Decision Model Application for Swine Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(3), pages 466-474.
    • Handle: RePEc:oup:ajagec:v:58:y:1976:i:3:p:466-474.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1239263
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Algozin, Kenneth A. & Miller, Gay Y. & McNamara, Paul E., 2001. "An Econometric Analysis Of The Economic Contribution Of Subtherapeutic Antibiotic Use In Pork Production," 2001 Annual meeting, August 5-8, Chicago, IL 20633, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Boland, Michael A. & Preckel, Paul V. & Schinckel, Allan P., 1993. "Optimal Hog Slaughter Weights Under Alternative Pricing Systems," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-16, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:58:y:1976:i:3:p:466-474.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.