Jaam. Verstegen et al., QUANTIFYING ECONOMIC-BENEFITS OF SOW-HERD MANAGEMENT-INFORMATION-SYSTEMS USING PANEL-DATA, American journal of agricultural economics, 77(2), 1995, pp. 387-396
Economic benefits of management information systems (MIS) in sow farmi
ng were quantified by combining data from two survey studies. Panel an
alysis was conducted through estimation of a mixed-effects model by or
dinary least-squares. Effects were analyzed both within farms and over
farms at the same time, controlling for self-selection bias and chang
es over time. Adjusted for other effects in the model, production on f
arms adopting MIS increased by 0.56 piglets per sow per year, indicati
ng a return on investment of between 220% and 348%. Additional tests a
nd checks indicate that this outcome is robust.