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Braganca, Raissa Carvalho; Bueno, Newton Paulo. |
The purpose of the paper was to study if the dynamics of the Brazilian cattle stocks can be better explained by systemic endogenous factors or either by exogenous changes on beef demand. The conclusion, as proposed by the theory of the cattle cycle, was that systemic factors related to the adoption of the stabilization program in 1994 were apparently more important in explaining the stagnation of the Brazilian herd since 2000. The main policy implication of this conclusion is that it seems to have a space for stabilizing de dynamics of the system through adequate public policies. The methodology used was system dynamics which allows to trace the critical feedback loops that drive de cattle cycle and to identify possible leverage points in the system,... |
Tipo: Journal Article |
Palavras-chave: Cattle; System dynamics; Cattle cycle; Commodities; Economic policy; Livestock Production/Industries. |
Ano: 2010 |
URL: http://purl.umn.edu/95069 |
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Koo, Won W.; Duncan, Marvin R.; Taylor, Richard D.; Aakre, Dwight G.; Swenson, Andrew L.. |
The analysis was conducted to evaluate the impacts of both the Federal Agricultural Improvement and Reform Act of 1996 (FAIR) and the cattle cycle on the livestock enterprises. The North Dakota Representative Farm and Ranch Model, which uses the Food and Agricultural Policy Research Institute price projections as an input, was developed and used for this analysis. Net farm income and farm debt-to-asset ratios for the average and large beef cattle farms were analyzed. The U.S. cattle industry has been characterized by cyclical variations in production and prices. It appears that the current cattle cycle is in the final stages of expansion. Cattle numbers continued to increase during 1995, but at a slow rate. Industry estimates are that the bottom of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Livestock; Representative farms; Cattle cycle; Production Economics. |
Ano: 1996 |
URL: http://purl.umn.edu/23339 |
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