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Does The Nebraska Livestock Friendly County Program Affect Livestock Expansion In The State?, Brian E. Mills
Does The Nebraska Livestock Friendly County Program Affect Livestock Expansion In The State?, Brian E. Mills
Department of Agricultural Economics: Dissertations, Theses, and Student Research
Livestock production in Nebraska is a very essential part of the state’s economy with cash receipts from all livestock and products valued at $11.9 billion in 2013 (NDA 2015b). The Livestock Friendly County Program (LFCP) was instituted by the Nebraska Legislature in 2003 to further promote livestock development in the state. This thesis examines whether the program has had its intended impact for both cattle and hog farms. The analysis draws on the theory of long-run competitive equilibrium as a guide for the specification of the cattle and hog models. Three alternative specifications of the models using different sets of …