A systems analysis of the guyanese livestock industry
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This paper attempts to contribute to the capability for livestock sub-sector analysis. A model structure which offers potential for evaluation of changes of policy, available production technology, or factor and product market conditions is described. The structure integrates a multi-year biological cattle simulator with a price endogenous model of the cattle sub-sector to yield a model designed to simulate aggregate behaviour of profit maximising cattle producers interacting through competitive factor and product markets. The general model structure is specified to reflect conditions in Guyana, South America. The model, specified for Guyanese conditions, is used to evaluate the probable impact of a number of technical and economic changes in the system. © 1978.
author list (cited authors)
White, T. K., McCarl, B. A., May, R. D., & Spreen, T. H.