Data/hora: 06/06/2024 05:29:27

Provedor de dados: | 31
País: | United States
Título: | Grid Pricing: An Empirical Investigation of Market Signal Clarity
Autores: | Fausti,   Scott W.; Qasmi,   Bashir A.; Li,   Jing.
Data: | 2010-08-18
Ano: | 2010
Palavras-chave: | Grid pricing; Price transmission; Carcass quality; Supply response function; Marketing; Risk and Uncertainty; Q11; D40.
Resumo: | The ability of the grid marketing system for fed cattle to provide an efficient price transmission mechanism is investigated.  Nerlove’s (1958) adaptive expectations approach is adopted to model the relationship between grid premiums (discounts) and the weekly relative supply of carcass quality attributes. Linear regression techniques are used to estimate Nerlove’s supply response function. Granger Causality tests are conducted to investigate the relationship between grid premiums (discounts) and the relative supply of carcass quality attributes.  Regression estimates and the Granger Causality tests provide empirical support for the 2005 National Beef Quality Audit call for clearer market signals.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/93253

Relação:

South Dakota State University&gt;Department of Economics&gt;Economics Staff Papers

Staff Paper

2010-3

Formato: | 26