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Causality Among Fed Cattle Market Variables: Directed Acyclic Graphs Analysis Of Captive Supply

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  • Lee, Andrew C.
  • Kim, Man-Keun

Abstract

In quantitative research, direction of causality among the variables is often assumed without a rigorous test. In this study, the directed acyclic graph (DAG) method was used to illuminate causal relationships among fed cattle industry variables, in particular, it was shown that captive supply causes spot market price to change.

Suggested Citation

  • Lee, Andrew C. & Kim, Man-Keun, 2004. "Causality Among Fed Cattle Market Variables: Directed Acyclic Graphs Analysis Of Captive Supply," 2004 Annual meeting, August 1-4, Denver, CO 20124, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20124
    DOI: 10.22004/ag.econ.20124
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    References listed on IDEAS

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    1. Parcell, Joseph L. & Schroeder, Ted C. & Dhuyvetter, Kevin C., 1997. "The Effect of Captive Supply Cattle on Live Cattle Basis," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35911, Western Agricultural Economics Association.
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    Cited by:

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