330
Journal of Agricultural and Applied Economics, April 2008
Table 7. Regression Results for Ultrasound EPDs (Equation [3])
|
Marginal |
Discrete |
Elasticities | |||||
|
Parameter |
Standard |
t- |
p- |
Average |
Variable |
at Variable | |
|
Variable |
Estimate |
Error |
Statistic |
Value |
Price |
Shifts |
Averages |
|
Intercept |
5.663660 |
0.153 |
37.020 |
0.0000 | |||
|
Production measures | |||||||
|
age*** |
0.001950 |
0.000208 |
9.375 |
0.0000 |
5.17 |
0.891 | |
|
age2*** |
20.000001 |
0.000000 |
25.431 |
0.0000 | |||
|
birthwt*** |
20.002760 |
0.000735 |
23.753 |
0.0000 |
27.32 |
20.230 | |
|
adjweanwt*** |
0.000437 |
0.000122 |
3.602 |
0.0000 |
1.16 |
0.291 | |
|
adjyearwt*** |
0.000807 |
0.000098 |
8.238 |
0.0000 |
2.14 |
0.961 | |
|
EPDs | |||||||
|
Birthepd*** |
20.048550 |
0.005034 |
29.645 |
0.0000 |
2128.78 |
20.125 | |
|
Weanepd |
0.000470 |
0.001691 |
0.278 |
0.7810 |
1.25 |
0.018 | |
|
Milkepd*** |
0.006460 |
0.001148 |
5.625 |
0.0000 |
17.14 |
0.134 | |
|
Yearepd*** |
0.004080 |
0.001111 |
3.672 |
0.0000 |
10.82 |
0.301 | |
|
Uimfepd*** |
0.279700 |
0.042070 |
6.649 |
0.0000 |
741.90 |
0.020 | |
|
uribepd*** |
0.695340 |
0.086760 |
8.014 |
0.0000 |
1,844.39 |
0.098 | |
|
ufatepd*** |
23.758050 |
0.799200 |
24.703 |
0.0000 |
29,968.23 |
20.015 | |
|
Uprpepd*** |
20.365540 |
0.074640 |
24.898 |
0.0000 |
2969.59 |
20.014 | |
|
Marketing factors | |||||||
|
Saleorder*** |
20.270650 |
0.020260 |
213.360 |
0.0000 |
2717.90 |
20.134 | |
|
picture*** |
0.246400 |
0.022100 |
11.150 |
0.0000 |
723.75 | ||
|
et*** |
0.055660 |
0.017660 |
3.152 |
0.0020 |
148.26 | ||
|
sementhird** |
0.091100 |
0.039600 |
2.301 |
0.0210 |
247.06 | ||
|
semenhalf*** |
0.390340 |
0.075680 |
5.157 |
0.0000 |
1,236.82 | ||
|
fullbrother |
20.012560 |
0.021370 |
20.588 |
0.5570 |
232.33 | ||
|
pathfinder |
0.040890 |
0.026990 |
1.515 |
0.1300 |
108.11 | ||
|
Sales |
20.284630 |
0.039270 |
27.249 |
0.0000 |
2641.63 | ||
|
sale4*** |
20.282470 |
0.059190 |
24.773 |
0.0000 |
2637.42 | ||
|
sale10*** |
20.537660 |
0.064810 |
28.296 |
0.0000 |
21,077.26 | ||
|
sale11** |
20.205610 |
0.090510 |
22.272 |
0.0230 |
2481.40 | ||
|
sale12*** |
20.242700 |
0.037440 |
26.482 |
0.0000 |
2558.19 | ||
|
sale15 |
20.081500 |
0.071990 |
21.132 |
0.2580 |
2202.73 | ||
|
sale16*** |
20.140600 |
0.054610 |
22.575 |
0.0100 |
2339.75 | ||
|
sale23** |
0.101810 |
0.049930 |
2.039 |
0.0420 |
277.61 | ||
|
sale24*** |
0.156120 |
0.050670 |
3.081 |
0.0020 |
437.67 | ||
|
sale27** |
20.143670 |
0.069380 |
22.071 |
0.0380 |
2346.65 | ||
|
sale28* |
0.101730 |
0.054170 |
1.878 |
0.0600 |
277.38 | ||
|
sale29 |
20.039970 |
0.049270 |
20.811 |
0.4170 |
2101.49 | ||
|
sale34*** |
20.101940 |
0.042710 |
22.387 |
0.0170 |
2251.04 | ||
|
sale36*** |
20.261310 |
0.051270 |
25.097 |
0.0000 |
2595.66 | ||
|
sale37*** |
0.131130 |
0.050080 |
2.619 |
0.0090 |
362.94 | ||
|
sale38 |
0.045470 |
0.060710 |
0.749 |
0.4540 |
120.50 | ||
|
sale39*** |
20.364370 |
0.059440 |
26.130 |
0.0000 |
2790.98 | ||
|
sale41*** |
20.367990 |
0.042380 |
28.683 |
0.0000 |
2797.49 | ||
|
sale42*** |
20.354450 |
0.037730 |
29.393 |
0.0000 |
2773.05 | ||
|
sale44*** |
20.138050 |
0.034070 |
24.052 |
0.0000 |
2334.00 | ||
|
sale46 |
0.033910 |
0.057060 |
0.594 |
0.5520 |
89.34 | ||
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