Rezitis, Anthony N.; Stavropoulos, Konstantinos S. - European Association of Agricultural Economists - EAAE - 2009
This paper examines supply response models in a rational expectations framework for each one of the four major Greek meat markets, i.e. beef, broiler, lamb and pork. A multivariate GARCH model with Cholesky decomposition is used to incorporate price volatility into the rational expectations...