322
Journal of Agricultural and Applied Economics, April 2008
Table 3. Regression Results for Actual Weights and Production EPDs by Sale (Equation [2])
|
Variable |
Parameter |
Standard |
t- |
p- |
Marginal |
Discrete Variable |
Elasticities |
|
Intercept |
4.824690 |
0.240200 |
20.09 |
0.0000 | |||
|
Production measures | |||||||
|
age*** |
0.003220 |
0.000443 |
7.28 |
0.0000 |
8.61 |
1.44 | |
|
age2*** |
20.000002 |
0.000000 |
24.76 |
0.0000 | |||
|
birthwt*** |
20.001810 |
0.000700 |
22.59 |
0.0100 |
24.84 |
20.15 | |
|
adjweanwt*** |
0.000588 |
0.000124 |
4.75 |
0.0000 |
1.57 |
0.39 | |
|
Adjyearwt*** |
0.001330 |
0.000098 |
13.57 |
0.0000 |
3.56 |
1.59 | |
|
EPDs | |||||||
|
Birthepd*** |
20.052010 |
0.005043 |
210.31 |
0.0000 |
2139.06 |
20.13 | |
|
Weanepd |
0.000048 |
0.001622 |
0.03 |
0.9760 |
0.13 |
0.00 | |
|
Milkepd*** |
0.004490 |
0.001234 |
3.64 |
0.0000 |
12.00 |
0.09 | |
|
Yearepd*** |
0.005110 |
0.000998 |
5.12 |
0.0000 |
13.66 |
0.38 | |
|
Marketing factors | |||||||
|
Saleorder*** |
20.345070 |
0.019870 |
217.37 |
0.0000 |
2922.60 |
20.16 | |
|
picture*** |
0.226080 |
0.020790 |
10.88 |
0.0000 |
989.25 | ||
|
et** |
0.045310 |
0.018190 |
2.49 |
0.0130 |
180.76 | ||
|
sementhird*** |
0.163960 |
0.031120 |
5.27 |
0.0000 |
694.79 | ||
|
Semenhalf*** |
0.519760 |
0.099390 |
5.23 |
0.0000 |
2,658.11 | ||
|
fullbrother |
0.011270 |
0.023210 |
0.49 |
0.6270 |
44.20 | ||
|
pathfinder* |
0.044420 |
0.024870 |
1.79 |
0.0740 |
177.13 | ||
|
seasonofsale** |
20.266420 |
0.104600 |
22.55 |
0.0110 |
2912.07 | ||
|
Sires | |||||||
|
Sr1 |
0.018420 |
0.028560 |
0.64 |
0.5190 |
72.50 | ||
|
Sr2 |
20.014670 |
0.027070 |
20.54 |
0.5880 |
256.79 | ||
|
sr3** |
20.051540 |
0.023470 |
22.20 |
0.0280 |
2195.90 | ||
|
sr4* |
0.051590 |
0.029210 |
1.77 |
0.0770 |
206.46 | ||
|
sr5* |
0.072590 |
0.038750 |
1.87 |
0.0610 |
293.61 | ||
|
Sr6 |
0.073330 |
0.047860 |
1.53 |
0.1260 |
296.71 | ||
|
Sr7 |
20.009380 |
0.058940 |
20.16 |
0.8740 |
236.41 | ||
|
sr8** |
0.056620 |
0.025650 |
2.21 |
0.0270 |
227.17 | ||
|
sr9** |
0.087860 |
0.039680 |
2.21 |
0.0270 |
358.13 | ||
|
sr10 |
20.003350 |
0.035720 |
20.09 |
0.9250 |
213.04 | ||
|
sr11 |
0.019470 |
0.040780 |
0.48 |
0.6330 |
76.67 | ||
|
sr12 |
20.004200 |
0.030680 |
20.14 |
0.8910 |
216.34 | ||
|
sr13*** |
0.200030 |
0.060010 |
3.33 |
0.0010 |
863.54 | ||
|
sr14*** |
0.119590 |
0.043130 |
2.77 |
0.0060 |
495.39 | ||
|
sr15** |
0.090250 |
0.043900 |
2.06 |
0.0400 |
368.32 | ||
|
sr16 |
20.094660 |
0.113900 |
20.83 |
0.4060 |
2352.21 | ||
|
sr17 |
20.085420 |
0.071980 |
21.19 |
0.2350 |
2319.28 | ||
|
sr18*** |
0.166290 |
0.041150 |
4.04 |
0.0000 |
705.51 | ||
|
sr19*** |
0.289240 |
0.042380 |
6.83 |
0.0000 |
1,308.00 | ||
|
sr20 |
0.000708 |
0.036330 |
0.02 |
0.9840 |
2.76 | ||
|
sr21 |
0.016050 |
0.057230 |
0.28 |
0.7790 |
63.09 | ||
|
sr22*** |
0.167700 |
0.040670 |
4.12 |
0.0000 |
712.01 | ||
|
sr23* |
0.063780 |
0.034550 |
1.85 |
0.0650 |
256.82 | ||
|
sr24 |
0.077310 |
0.057430 |
1.35 |
0.1780 |
313.44 | ||