Data/hora: 11/06/2024 02:27:08

Provedor de dados: | 31
País: | United States
Título: | CATTLE CYCLES, EXPECTATIONS AND THE AGE DISTRIBUTION OF CAPITAL
Autores: | Aadland,   David.
Data: | 2002-05-14
Ano: | 2002
Palavras-chave: | Livestock Production/Industries.
Resumo: | This paper builds a dynamic forward-looking model describing the approximate ten-year cattle cycle. The theoretical model improves on existing models by (1) allowing cow-calf operators to make investment decisions on both the cow and calf margins, (2) formally recognizing the age distribution of the capital stock, and (3) considering a mixed scheme of rational and naive expectations.  The model is then calibrated and used to simulate artificial data that endogenously generates ten-year cycles in the total stock of cattle.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

4435

http://purl.umn.edu/19795

Editor: | AgEcon Search

Relação:

American Agricultural Economics Association&gt;2002 Annual meeting, July 28-31, Long Beach, CA

Selected Paper

Formato:

31

application/pdf