1988Applied Economic Perspectives and PolicyRequires access

New York Milk Supply with Bovine Growth Hormone

William B. Magrath, Loren W. Tauer

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Abstract

Abstract New York milk supply functions with and without bovine growth hormone (somatotropin) were estimated by a sector linear programming model. High government price supports make bGH profitable and induce significant increases in output. Reduction or elimination of price supports greatly diminishes bGH as a viable technology except with high‐producing herds or at low bGH prices.

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Abstract New York milk supply functions with and without bovine growth hormone (somatotropin) were estimated by a sector linear programming model. High government price supports make bGH profitable and induce significant increases in output. Reduction or elimination of price supports greatly diminishes bGH as a viable technology except with high‐producing herds or at low bGH prices.

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Available abstract

Abstract New York milk supply functions with and without bovine growth hormone (somatotropin) were estimated by a sector linear programming model. High government price supports make bGH profitable and induce significant increases in output. Reduction or elimination of price supports greatly diminishes bGH as a viable technology except with high‐producing herds or at low bGH prices.

Key concepts: Bovine somatotropin, Growth hormone, Economics, Government (linguistics), Herd, Hormone, Chemistry, Biology

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