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Supply Dynamics in the U.S. Hog Industry

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  • Matthew T. Holt
  • Stanley R. Johnson

Abstract

A quarterly econometric model of supply response I the U.S. Hog industry is constructed. This model incorporates relevant biological features of hog production directly into the structural specification. dynamic mean path elasticities of the model are analytically derived with the results indicating behavior which is consistent with economic intuition.

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File URL: http://www.card.iastate.edu/publications/DBS/PDFFiles/86wp12.pdf
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File URL: http://www.card.iastate.edu/publications/synopsis.aspx?id=712
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Bibliographic Info

Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 86-wp12.

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Date of creation: Jul 1986
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Handle: RePEc:ias:cpaper:86-wp12

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Cited by:
  1. Boetel, Brenda L. & Hoffmann, Ruben & Liu, Donald J., 2004. "Estimating Investment Rigidity Within A Threshold Regression Framework: The Case Of U.S. Hog Production Sector," Staff Papers 13790, University of Minnesota, Department of Applied Economics.
  2. Jacinto F. Fabiosa, 1999. "General Conceptual Approach to Modeling the Livestock Sector: Application to the Japanese Swine-Pork Sector Model with Analysis of the," Center for Agricultural and Rural Development (CARD) Publications 99-tr43, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  3. Metcalfe, Mark R., 2002. "Environmental Regulation And Implications For Competitiveness In International Pork Trade," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 27(01), July.
  4. Bakucs, Zoltán & Márkus, Richárd, 2010. "Supply response on the Hungarian pork meat sector," IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance 52698, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
  5. Buhr, Brian L., 1993. "A Quarterly Econometric Simulation Model Of The U.S. Livestock And Meat Sector," Staff Papers 13465, University of Minnesota, Department of Applied Economics.
  6. Mathews, Kenneth H., Jr., 2001. "Antimicrobial Drug Use And Veterinary Costs In U.S. Livestock Production," Agricultural Information Bulletins 33695, United States Department of Agriculture, Economic Research Service.
  7. Jacinto F. Fabiosa, 1999. "General Conceptual Approach to Modeling the Livestock Sector: Application to the Japanese Swine-Pork Sector Model with Analysis of the," Food and Agricultural Policy Research Institute (FAPRI) Publications 99-tr43, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.

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