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Accomplishing Adjustment in the Dairy Industry During Technological Change: The Case of Bovine Growth Hormone

Author

Listed:
  • Yonkers, Robert D.
  • Richardson, James W.
  • Knutson, Ronald D.
  • Buxton, Boyd M.

Abstract

This paper evaluates the potential effects of the BGH adoption process on dairy farm survival by region and farm size. Substantial differences were found in the probability of farm survival under four BGH adoption scenarios. Lags in adoption of BGH may aggravate the current resource adjustment process in the dairy industry.

Suggested Citation

  • Yonkers, Robert D. & Richardson, James W. & Knutson, Ronald D. & Buxton, Boyd M., 1986. "Accomplishing Adjustment in the Dairy Industry During Technological Change: The Case of Bovine Growth Hormone," 1986 Annual Meeting, July 27-30, Reno, Nevada 278032, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278032
    DOI: 10.22004/ag.econ.278032
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    File URL: https://ageconsearch.umn.edu/record/278032/files/aaea-1986-011.pdf
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    References listed on IDEAS

    as
    1. Milligan, Robert & Lesser, William H. & Magrath, William B. & Bauman, Dale, 1984. "Biotechnology and the Dairy Industry: Production Costs and Commercial Potential of the Bovine Growth Hormone," Research Bulletins 184066, Cornell University, Department of Applied Economics and Management.
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