Data/hora: 02/06/2024 16:34:12

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | Beef Supply Response Under Uncertainty: An Autoregressive Distributed Lag Model
Autores: | Mbaga,   Msafiri Daudi; Coyle,   Barry T.
Data: | 2006-09-25
Ano: | 2003
Palavras-chave: | Autoregressive distributed lag model; Beef supply response; Dynamics; Uncertainty; Agribusiness.
Resumo: | This is the first econometric study of dynamic beef supply response to incorporate risk aversion or, more specifically, price variance. Autoregressive distributed lag (ADL) models are estimated for cow-calf and feedlot operations using aggregate data for Alberta. In all cases, output price variance has a negative impact on output supply and investment. Moreover, the impacts of expected price on supply response are greater in magnitude and significance than in risk-neutral models.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

23788

http://purl.umn.edu/31068

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 28, Number 03, December 2003

Formato:

21

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