| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
DISAGGREGATED ANALYSIS OF SHORT-RUN BEEF SUPPLY RESPONSE
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| Autores: |
Ospina, Enrique
Shumway, C. Richard
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| Data: |
2003-12-29
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| Ano: |
1979
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| Palavras-chave: |
Demand and Price Analysis
Livestock Production/Industries
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| Resumo: |
Conceptual problems in model specification of beef supply response studies are investigated and a simultaneous equation model is formulated to estimate annual U.S. carcass supply, demand, and inventories of beef. Three basic issues are addressed: (a) disaggregation, (b) simultaneity, and (c) differentiation between current and expected price effects. Empirical results indicate positive supply response of each quality type of steers and heifers, and negative supply response of cows to current own-price changes. The derived aggregate supply elasticity is positive. The effects of grain price changes on beef price, supply and composition are also evaluated.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
11892
http://purl.umn.edu/32295
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| Editor: |
AgEcon Search
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| Relação: |
Western Journal of Agricultural Economics>Volume 04, Number 02, December 1979
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| Formato: |
18
application/pdf
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