| Registro completo |
| Provedor de dados: |
AgEcon
|
| 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>Volume 28, Number 03, December 2003
|
| Formato: |
21
application/pdf
|
