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Supply Dynamics in the U.S. Hog Industry

Author

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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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Suggested Citation

  • Matthew T. Holt & Stanley R. Johnson, 1988. "Supply Dynamics in the U.S. Hog Industry," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 36(2), pages 313-335, July.
    • Handle: RePEc:bla:canjag:v:36:y:1988:i:2:p:313-335
    DOI: j.1744-7976.1988.tb03278.x
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    Cited by:

    1. 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).
    2. 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.
    3. Jingjing Wang & Xiaoyang Wang & Xiaohua Yu, 2023. "Shocks, cycles and adjustments: The case of China's Hog Market under external shocks," Agribusiness, John Wiley & Sons, Ltd., vol. 39(3), pages 703-726, July.
    4. 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 (archive only) 99-tr43, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    5. 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(1), pages 1-22, July.
    6. Brenda L. Boetel & Ruben Hoffmann & Donald J. Liu, 2007. "Estimating Investment Rigidity within a Threshold Regression Framework: The Case of U.S. Hog Production Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(1), pages 36-51.
    7. Wahl, Thomas Iver, 1989. "Modeling dynamic adjustment in Japanese livestock markets under trade liberalization," ISU General Staff Papers 1989010108000010093, Iowa State University, Department of Economics.
    8. 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.
    9. 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.
    10. Eswaramoorthy, K., 1991. "U.S. livestock production and factor demand: a multiproduct dynamic dual approach," ISU General Staff Papers 1991010108000010523, Iowa State University, Department of Economics.
    11. Skold, Karl Durwood, 1989. "The integration of alternative information systems: an application to the Hogs and Pigs report," ISU General Staff Papers 1989010108000010239, Iowa State University, Department of Economics.

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