MODELING EXTENSIVE LIVESTOCK PRODUCTION SYSTEMS: AN APPLICATION TO SHEEP PRODUCTION IN KAZAKHSTAN
A stochastic dynamic programming model for extensive livestock systems is developed. The model optimizes sales/retention decisions when future forage production, which affects animal performance and hence profitability, is uncertain. The model is applied to sheep production in Kazakhstan to evaluate policy alternatives.
Year of publication: |
2003
|
---|---|
Authors: | Howitt, Richard E. ; Kobayashi, Mimako ; Jarvis, Lovell S. ; Laca, Emilio A. |
Institutions: | Agricultural and Applied Economics Association - AAEA |
Keywords: | Livestock Production/Industries |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Stochastic rangeland use under capital constraints
Kobayashi, Mimako, (2007)
-
Stochastic Rangeland Use under Capital Constraints
Kobayashi, Mimako, (2007)
-
Stochastic Rangeland Use Under Capital Constraints
Kobayashi, Mimako, (2010)
- More ...