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A method of estimating the underlying input–output relations for beef cattle from large-scale experimental trials

Published online by Cambridge University Press:  27 March 2009

D. M. G. Newbery
Affiliation:
Faculty of Economics and Churchill College, Cambridge, England

Summary

The Agricultural Research Council's system of feed evaluation provides a method of predicting the most profitable ration composition, given information about available feedingstuffs and the values of the parameters in the beef-feed production functions. Because these functions are non-linear, parametric estimation based on average data for a group of animals will give biased results. A method of determining unbiased estimators of the parameters is derived and the magnitude of the bias is shown to be small. Some simplifications of the ARC formulae are proposed.

Type
Research Article
Copyright
Copyright © Cambridge University Press 1974

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References

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