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The popularity of AIDS may not easily extend to censored demand systems. We propose an incomplete demand system that has relatively few restrictions on the parameter space, but preserves its theoretical consistency and apply this model to Indonesian data that have significant proportion of...
Persistent link: https://www.econbiz.de/10005330756
Estimated Indonesian backyard and commercial broiler output supply and input demands from normalized quadratic function satisfy all theoretical properties (homogeneity, reciprocity, adding-up, symmetry, curvature). Elasticities have correct signs and are significant. Very inelastic supply...
Persistent link: https://www.econbiz.de/10005338285
Many livestock sector models have limited coverage of relevant variables, and are somewhat ad hoc in their choice of what should be specified as behavioral equations. This study develops a generic conceptual approach to modeling the livestock sector that provides consistent rules of...
Persistent link: https://www.econbiz.de/10005338791
Decomposition method was developed to disaggregate EU cattle slaughter weight. Model has good fit, no correlation, significant coefficients, consistent signs, and desirable Theil-validation statistics. Estimates for calves, cows, and other cattle are very close to reported weights. Application...
Persistent link: https://www.econbiz.de/10005338793
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The FAPRI 2006 U.S. and World Agricultural Outlook presents projections of world agricultural production, consumption, and trade under average weather patterns, existing farm policy, and policy commitments under current trade agreements and custom unions. Despite continued high energy prices,...
Persistent link: https://www.econbiz.de/10005338835
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The Food and Agricultural Policy Research Institute (FAPRI) prepares a preliminary agricultural outlook on world agricultural production, consumption, and trade every fall. This is followed by an outside review, re-evaluation of projections, and completion of the final baseline in January. The...
Persistent link: https://www.econbiz.de/10005338837
The US pork industry routinely adds antibiotics to rations of weaned pigs both to prevent illness before symptoms emerge and to increase growth rates. The EU is in the process of restricting feed use of antibiotics, and the U.S. is currently reviewing the practice. The strategic issue facing US...
Persistent link: https://www.econbiz.de/10005087888