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In an update and extension of prior work this study found that the potato futures markets continued to provide very unreliable forecasts of subsequent spot prices. On the other hand and contrary to some past studies an extensive study here failed to turn up any convincing evidence of a cobweb...
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Firm-varying production technologies were estimated using random coefficients regression methods for a sample of Massachusetts dairy farms. Results were compared to OLS Cobb-Douglas production function estimates. The random coefficients regression model was found to virtually eliminate...
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Increased bird density on egg production operations has led to high electricity consumption and manure handling problems. Anaerobic diqestion offers a source of energy (biogas) and a consistent method of manure management. This paper reports the results of a computer simulation model desiqned to...
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A cost curve for livestock auction markets was estimated using a frontier function estimator. This estimator has the advantages of consistency and asymptotic efficiency (for certain disturbance specifications). The one-sided residuals satisfy theoretical requirements for cost curves and allow...
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The purpose of the analysis is to forecast livestock and poultry numbers for New England and the U. S. The effect of increasing feed transportation rates on these numbers is also examined. The direct estimates of the reduced form equations are utilized in forecasting numbers for seven livestock...
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