| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
ISSUES OF DEMAND SPECIFICATION AND INDUSTRY STRUCTURE IN TURKEYS AND BROILER CHICKENS
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| Autores: |
Cheney, Laura Martin
Brown, A. Blake
Yamano, Takashi
Masterovsky, Michael
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| Data: |
2005-06-24
|
| Ano: |
2001
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| Palavras-chave: |
Demand analysis
Endogeneity
Market structure
Poultry industry
Turkeys
Demand and Price Analysis
Livestock Production/Industries
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| Resumo: |
Factors unique to the turkey industry suggest that conclusions concerning market structure and demand specification drawn from aggregate poultry data cannot necessarily be extrapolated to the turkey industry. The Wu-Hausman endogeneity test is used to examine demand specifications and industry structure specifically for turkey meat. In contrast to general poultry, quantity-not price-is found to be predetermined in demand models that use annual turkey data. Quarterly demand analysis suggests this result stems from biological cycles that limit a producer's ability to react to price change and the use of a weighted average for determining price and quantity.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
16758
http://purl.umn.edu/15290
|
| Editor: |
AgEcon Search
|
| Relação: |
Journal of Agricultural and Applied Economics>Volume 33, Number 01, April 2001
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| Formato: |
10
application/pdf
|
