Modeling Short-run Beef Supply Response PDF Download
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Author: Enrique Ospina
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
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Book Description
Author: Enrique Ospina
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
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Book Description
Author: David Aadland
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This article investigates the response of beef-cattle producers to changes in the price of cattle. Previous research has suggested that there may be a negative short-run supply response to a permanent increase in the price of cattle. We build a dynamic, rational expectations model that separates the markets for fed and unfed beef. This separation generates predictions that the supply response is generally positive, even for permanent shocks in the short run, and nests the negative supply response as a special case for appropriately restricted demand shocks.
Author: Rodriguez, Gil
Publisher: ILRI (aka ILCA and ILRAD)
ISBN:
Category :
Languages : en
Pages : 16
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Book Description
Author: Matthew T. Holt
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 44
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Book Description
Author: Aditi Kumar Angirasa
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 374
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Book Description
Author: C. W. Johnson
Publisher:
ISBN:
Category : Beef industry
Languages : en
Pages : 34
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Book Description
Author: James E. Nix
Publisher:
ISBN:
Category :
Languages : en
Pages : 504
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Author: Kenneth Alan Foster
Publisher:
ISBN:
Category :
Languages : en
Pages : 442
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Author: Anthony N. Rezitis
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
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Book Description
This study examines the supply response of the Greek beef market and the possible effect of the European Union's Common Agricultural Policy (CAP) on the Greek beef sector during the period 1993-2005. A Generalized Autoregressive Conditional Heteroskedasticity (GARCH) process is used to estimate expected price, and price volatility, while several different symmetric, asymmetric and non-linear GARCH models are estimated. The empirical results show that price volatility and feed price are important risk factors in the supply response function, while the negative asymmetric price volatility that was detected implies that producers have a weak market position. Furthermore, the empirical findings confirm that the annual premium paid by the EU to beef producers had a positive impact on the production level and also, the change of the EU price support regime, after 2006, is having negative effects on beef production level in Greece.
Author: Hossein Askari
Publisher: Greenwood
ISBN:
Category : Business & Economics
Languages : en
Pages : 468
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Book Description
Review the commonly pursued governmental agricultural policies, summarize and collate the results of some of the studies of peasant supply responsiveness. Identify the reasons for the different results across crops and countries and discuss the areas deserving further attention.
