Niemi, Jarkko K.; Lehtonen, Heikki - European Association of Agricultural Economists - EAAE - 2008
which takes into account changes in export and domestic demand and market clearing price. It optimizes the supply of piglets …-term impacts of demand and production cost shocks in the pig sector. The analysis is carried out with a dynamic programming model … on a monthly basis. Econometric techniques are used to estimate demand functions. Short-term negative market shocks can …