Please use this identifier to cite or link to this item:
Appears in Collections:eTheses from Stirling Management School legacy departments
Title: An economic appraisal of pig improvement in Great Britain
Author(s): Mitchell, George
Issue Date: 1981
Publisher: University of Stirling
Abstract: This thesis reports a cost-benefit appraisal of pig improvement work in Great Britain in recent years. Estimates of the genetic improvement achieved by the Meat and Livestock Commission's Pig Improvement Scheme and by certain independent breeding companies are taken and the impact of this improvement on the commercial industry as a whole is estimated and valued. This value is then compared with estimates of the scale of investment in pig improvement. The results show returns have been very high compared with costs and compare well with the high returns reported in other areas of agricultural research and development (an internal rate of return of 70% is calculated). A detailed sensitivity analysis is carried out which shows the overall results to be quite robust, although a number of areas where more accurate information would be valuable are highlighted. A number of wider issues relating to animal breeding in general are discussed. In particular the discount rate is considered in some detail and the effects on net present value of a wide range of rates (as quoted in the animal breeding literature) are demonstrated. A number of areas for possible future consideration are mentioned.
Type: Thesis or Dissertation

Files in This Item:
File Description SizeFormat 
Mitchell-thesis.pdf7.69 MBAdobe PDFView/Open

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.