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Joint Costs In Meat Retailing

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Author Info
Hahn, William F.
Green, Richard D.
Abstract

A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted.

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File URL: http://purl.umn.edu/30840
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Publisher Info
Article provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.

Volume (Year): 25 (2000)
Issue (Month): 01 (July)
Pages:
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Handle: RePEc:ags:jlaare:30840

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Web page: http://waeaonline.org/
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Related research
Keywords: Demand and Price Analysis;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Anderson, G J & Blundell, R W, 1982. "Estimation and Hypothesis Testing in Dynamic Singular Equation Systems," Econometrica, Econometric Society, vol. 50(6), pages 1559-71, November. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Lusk, Jayson L. & Marsh, Thomas L. & Schroeder, Ted C. & Fox, John A., 2001. "Wholesale Demand For Usda Quality Graded Boxed Beef And Effects Of Seasonality," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), July. [Downloadable!]
    Other versions:
  2. Sven Anders, 2008. "Imperfect Competition in German Food Retailing: Evidence from State Level Data," Atlantic Economic Journal, International Atlantic Economic Society, vol. 36(4), pages 441-454, December. [Downloadable!] (restricted)
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This page was last updated on 2010-3-12.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.