Data/hora: 09/06/2024 01:27:04

Provedor de dados: | 31
País: | United States
Título: | A GENERALIZED SUPPLY RESPONSE/FACTOR DEMAND MODEL AND ITS APPLICATION TO THE FEEDER CATTLE MARKET
Autores: | Shonkwiler,   John Scott; Hinckley,   Suzanne.
Data: | 2004-01-05
Ano: | 1985
Palavras-chave: | Demand and Price Analysis; Livestock Production/Industries.
Resumo: | The appropriate specification of expectations in empirical models of supply response or factor demand is discussed.  A general model that admits both extrapolative and rational expectations is formulated and analyzed.  The model is used to investigate the decision making process of cattle feeders by incorporating information on futures prices (as representations of rational forecasts) and lagged prices.  The findings provide some evidence that cattle feeders form their expectations of future prices using both types of information.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

12170

http://purl.umn.edu/32322

Editor: | AgEcon Search
Relação: | Western Journal of Agricultural Economics&gt;Volume 10, Number 02, December 1985

Formato:

9

application/pdf