Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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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
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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
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Editor: |
AgEcon Search
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Relação: |
Journal of Agricultural and Applied Economics>Volume 33, Number 01, April 2001
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Formato: |
10
application/pdf
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