Showing 1 - 10 of 147
exceeding added costs of about $0.67 per cwt in 2010 despite rapidly expanding supply. …
Persistent link: https://www.econbiz.de/10010918079
Many value-added practices cannot be observed by feeder cattle buyers. Third-party verification can decrease market inefficiency associated with this asymmetric information. We evaluate the effectiveness of a verification program, the Oklahoma Quality Beef Network, in increasing received prices....
Persistent link: https://www.econbiz.de/10010918101
This study uses an error correction model (ECM) to investigate dynamics in farm-retail price relationships. The ECM is a more general method of incorporating dynamics and the long-run, steady-state relationships between farm and retail prices than has been used to data. Monthly data for beef and...
Persistent link: https://www.econbiz.de/10005805465
This article uses national, quarterly data to examine U.S. meat demand using the Rotterdam model. We investigate the … demand, whereas articles dealing with fat, cholesterol, and diet concerns reduce beef demand. Increasing consumption of food … away from home enhances pork and poultry demand while reducing beef demand. Combined, these results provide a more complete …
Persistent link: https://www.econbiz.de/10008508930
We study a heretofore unexamined type of product differentiation, horizontally differentiated products with differential costs, and apply the analysis to retail pricing of fluid milk products. The theoretical models yield unique predictions for the relationship among prices of the four...
Persistent link: https://www.econbiz.de/10008549147
The Rotterdam model is used to estimate U.S. source-differentiated meat demand. Price and expenditure elasticities … impacts on meat demand, while seasonality is found to have a significant effect in determining U.S. meat consumption patterns. …
Persistent link: https://www.econbiz.de/10005484289
Reduced form price equations were estimated to compare market demand responses from two data sources: U.S. Department … data. Trends and lag adjustments played an important role. The analyses suggest careful interpretation of demand responses …
Persistent link: https://www.econbiz.de/10005525470
Auction experiments were used to investigate demand relationships and willingness to pay (WTP) for four versions of …
Persistent link: https://www.econbiz.de/10008802889
This paper analyzes price differentials among conventional, cage-free, organic, and Omega-3 eggs using retail scanner data from two regional markets and the United States as a whole. Results reveal significant premiums attributable to cage-free (a 57% premium on average) and organic (an 85%...
Persistent link: https://www.econbiz.de/10008802899
and value labels confirming domestic origin. Following legislation enacted in March 2009, an ex post analysis of demand is … Rotterdam demand model of meat products. The model results failed to detect changes in consumer meat demand post-MCOOL. Given … the costs of compliance incurred by meat processors and no evidence of increased demand, our results suggest that …
Persistent link: https://www.econbiz.de/10010918070