Canada's Broiler Supply Management Program: A Shield From U.S. Price Volatility
AbstractCanadian broiler price responses to increases in US prices either have lessened in magnitude and duration or have been eliminated since Canada's broiler supply management program began in 1979. The authors used monthly vector autoregressions of US and Canadian broiler prices (farm and retail), estimated for periods before and after Canada introduced its broiler supply management program, to arrive at the results. The analysis also demonstrated that data-oriented, tune-series statistical methods are useful in policy analysis when focusing on a policy's dynamic aspects, contrary to the opinion of some researchers.
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Bibliographic InfoArticle provided by United States Department of Agriculture, Economic Research Service in its journal Journal of Agricultural Economics Research.
Volume (Year): (1991)
Issue (Month): 4 ()
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Canadian broiler supply management; corn and broiler prices; vector autoregression; dynamic price transmissions; International Relations/Trade;
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.:
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- Kloek, Tuen & van Dijk, Herman K, 1978. "Bayesian Estimates of Equation System Parameters: An Application of Integration by Monte Carlo," Econometrica, Econometric Society, vol. 46(1), pages 1-19, January.
- Babula, Ronald A. & Bessler, David A. & Schluter, Gerald E., 2. "Poultry-Related Price Transmissions and Structural Change Since the 1950's," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 2.
- David A. Bessler, 1984. "An Analysis of Dynamic Economic Relationships: An Application to the U.S. Hog Market," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 32(1), pages 109-124, 03.
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