IDEAS home Printed from https://ideas.repec.org/a/ags/wjagec/32522.html
   My bibliography  Save this article

Transportation Costs In Econometric Models Of State Agricultural Sectors: The Case Of Beef In Hawaii

Author

Listed:
  • Roberts, Roland K.

Abstract

Econometric models designed to show how national policies affect state agricultural sectors often use national prices as proxies for state prices. Consequently, they ignore the influence of freight rates on state production. An application to the Hawaii beef industry demonstrates that both freight rates and national beef prices have important impacts on Hawaii beef prices and production. By using state prices rather than national prices, error from changes in freight rates might be reduced, and the model's capacity for policy analysis might be broadened.

Suggested Citation

  • Roberts, Roland K., 1985. "Transportation Costs In Econometric Models Of State Agricultural Sectors: The Case Of Beef In Hawaii," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(1), pages 1-17, July.
    • Handle: RePEc:ags:wjagec:32522
    DOI: 10.22004/ag.econ.32522
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/32522/files/10010093.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.32522?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Marc Nerlove, 1958. "Distributed lags and Estimation of Long-Run Supply and Demand Elasticities: Theoretical Considerations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(2), pages 301-310.
    2. Betancourt, Roger & Kelejian, Harry, 1981. "Lagged Endogenous Variables and the Cochrane-Orcutt Procedure," Econometrica, Econometric Society, vol. 49(4), pages 1073-1078, June.
    3. Raymond M. Leuthold, 1975. "On the Use of Theil's Inequality Coefficients," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(2), pages 344-346.
    4. Roberts, Roland K. & Vieth, Gary R. & Nolan, James C., Jr., 1984. "An Analysis Of The Impact Of Energy Price Escalations During The 1970s On Hawaii Beef Production And Prices," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-16, July.
    5. Wallis, Kenneth F, 1972. "Testing for Fourth Order Autocorrelation in Qtrly Regression Equations," Econometrica, Econometric Society, vol. 40(4), pages 617-636, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roberts, Roland K. & Martin, William J., 1984. "State-Level Analysis of National Beef Policy: The Use of State Econometric Models," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 16(2), pages 63-72, December.
    2. Roberts, Roland K. & Vieth, Gary R. & Nolan, James C., Jr., 1984. "An Analysis Of The Impact Of Energy Price Escalations During The 1970s On Hawaii Beef Production And Prices," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-16, July.
    3. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Investigation," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-10, December.
    4. Williams, Gary W. & Thompson, Robert L., 1984. "The Brazilian Soybean Industry: Economic Structure and Policy Interventions," Foreign Agricultural Economic Report (FAER) 147520, United States Department of Agriculture, Economic Research Service.
    5. Evens SALIES, 2004. "The consumption of ordinary wines in France : the effect of administered prices," Econometrics 0406003, University Library of Munich, Germany.
    6. Espinosa Acuña, Óscar A. & Vaca González, Paola A. & Avila Forero, Raúl A., 2013. "Elasticidades de demanda por electricidad e impactos macroecon_omicos del precio de la energía eléctrica en Colombia || Elasticity of Electricity Demand and Macroeconomics Impacts of Electricity Price," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 16(1), pages 216-249, December.
    7. Head, Keith & Mayer, Thierry, 2006. "Regional wage and employment responses to market potential in the EU," Regional Science and Urban Economics, Elsevier, vol. 36(5), pages 573-594, September.
    8. Dhehibi, Boubaker & Lachaal, Lassaad & Chebil, Ali, 2005. "Demand Analysis for Fish in Tunisia: An Empirical Approach," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24715, European Association of Agricultural Economists.
    9. Capps, Oral, Jr. & Havlicek, Joseph, Jr., 1978. "The Demand For Gasoline And Diesel Fuel In Agricultural Use In Virginia," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(1), pages 1-6, July.
    10. George Babich & John Goodhew, 1978. "Short Term Econometric Forecasting and Seasonal Adjustment," The Economic Record, The Economic Society of Australia, vol. 54(2), pages 229-236, August.
    11. Gunjal, Kisan R. & Roberts, Roland K. & Heady, Earl O., 1980. "Fertilizer Demand Functions For Five Crops In The United States," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(2), pages 1-6, December.
    12. Folwell, Raymond J. & Burt, Lawrence A. & Wirth, Myron E., 1978. "The Consequences Of An Open Field Burning Ban On The U.S. Kentucky Bluegrass Seed Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 3(2), pages 1-14, December.
    13. Meilke, Karl D. & Coleman, Jonathan R., 1986. "An Evaluation of the Influence of Exchange Rates on the Canadian Red Meat Sector," Working Papers 244739, University of Guelph, Department of Food, Agricultural and Resource Economics.
    14. McCarl, Bruce A. & Apland, Jeffrey, 1986. "Validation Of Linear Programming Models," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 18(2), pages 1-10, December.
    15. David F. Hendry & Gordon J. Anderson, 1975. "Testing Dynamic Specification in Small Simultaneous Systems: An Application to a Model of Building Society Behavior in the United Kingdom," Cowles Foundation Discussion Papers 398, Cowles Foundation for Research in Economics, Yale University.
    16. Erum Toor & Tanweer Ul Islam, 2019. "Power Comparison of Autocorrelation Tests in Dynamic Models," International Econometric Review (IER), Econometric Research Association, vol. 11(2), pages 58-69, September.
    17. Lambert, Dayton M. & Griffin, Terry W., 2004. "Analysis Of Government Farm Subsidies On Farmland Cash Rental Rates Using A Fixed Effect Spatial Distributed Lag Model And A Translog Cost Model," 2004 Annual meeting, August 1-4, Denver, CO 19977, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Mukherjee, Paramita & Mukherjee, Vivekananda & Das, Debasmita, 2017. "Estimating elasticity of import demand for gold in India," Resources Policy, Elsevier, vol. 51(C), pages 183-193.
    19. Selvanathan, Saroja & Selvanathan, E. A., 1999. "The effect of the price of gold on its production: a time-series analysis," Resources Policy, Elsevier, vol. 25(4), pages 265-275, December.
    20. Cui, Xiaomeng, 2020. "Climate change and adaptation in agriculture: Evidence from US cropping patterns," Journal of Environmental Economics and Management, Elsevier, vol. 101(C).

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32522. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.