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We develop projections of China's likely meat trade in the year 2010 using a general equilibrium model in conjunction with forecasts of productivity growth rates and macro-economic forecasts. Interestingly, macro-economic uncertainty appears to be more important in driving China's net trade...
Persistent link: https://www.econbiz.de/10005339009
A model was developed to determine the optimal slaughter weights of pigs with heterogeneous growth raised in a 1,000 head barn and marketed in truckload groups. Under commonly used revenue schemes, which include discounts for weight and leanness, the optimal strategy was to market one or two...
Persistent link: https://www.econbiz.de/10009397482
Concerns over the imperfect market structure of the beef sector arise due to potential price discovery impacts. This study presents an effective way of providing information on price discovery that can be used to indicate regions within which prices follow similar dynamics. A state space model...
Persistent link: https://www.econbiz.de/10009397810
Persistent link: https://www.econbiz.de/10008398291
Persistent link: https://www.econbiz.de/10006409549
A model was developed to determine the optimal slaughter weights of pigs with heterogeneous growth raised in a 1,000 head barn and marketed in truckload groups. Under commonly used revenue schemes, which include discounts for weight and leanness, the optimal strategy was to market one or two...
Persistent link: https://www.econbiz.de/10014052991
Structural change in meat consumption has been the focus of many researchers during the last two decades. In this paper we develop a dynamic linear Almost Ideal Demand System (AIDS) model from a cost function that allows for time varying parameters. This model is consistent with inertia in the...
Persistent link: https://www.econbiz.de/10005801285
Replaced with revised version of paper 08/16/05.
Persistent link: https://www.econbiz.de/10005803337
The importance of heterogeneity of animal attributes in livestock production is assessed. Preliminary results indicate that variance and skew measures of attributes may be becoming more important over time.
Persistent link: https://www.econbiz.de/10005804624
The following paper outlines a new econometric model designed to capture both the temporal and spatial dynamics of housing prices. The paper combines existing spatial econometric techniques with a model that allows parameters to evolve over time. In addition, we provide an empirical application...
Persistent link: https://www.econbiz.de/10005804642