QUANTIFYING ECONOMIC-BENEFITS OF SOW-HERD MANAGEMENT-INFORMATION-SYSTEMS USING PANEL-DATA

Citation
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
Citations number
34
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
00029092
Volume
77
Issue
2
Year of publication
1995
Pages
387 - 396
Database
ISI
SICI code
0002-9092(1995)77:2<387:QEOSM>2.0.ZU;2-V
Abstract
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.