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Price Transparency in the Voluntary Price Reporting System for Live Cattle: Theory and Empirical Evidence

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Author Info

  • Fausti, Scott W.
  • Diersen, Matthew A.
  • Qasmi, Bashir A.

Abstract

Interregional spatial linkages between South Dakota and Nebraska cash markets for slaughter cattle are investigated. Econometric procedures are used to test whether a thinning market effect or strategic price reporting behavior by packers has degraded market transparency under the voluntary price reporting system. Empirical evidence suggests transparency was not degraded.

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File URL: http://purl.umn.edu/35463
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Bibliographic Info

Paper provided by Southern Agricultural Economics Association in its series 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida with number 35463.

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Date of creation: 2005
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Handle: RePEc:ags:saeaso:35463

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Keywords: Demand and Price Analysis;

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Cited by:
  1. Pendell, Dustin L. & Schroeder, Ted C., 2006. "Impact of Mandatory Price Reporting on Fed Cattle Market Integration," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(03), December.

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