IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

Cattle Cycles

Listed author(s):
  • Rosen, S.
  • Murphy, K.M.
  • Scheinkman, J.A.

U.S. beef cattle stocks are among the most periodic economic time series. A theory of cattle cycles is constructed on the basis of breeding stock inventory decisions. The low fertility rate of cows and substantial lags and future feedback between fertility and consumption decisions cause the demographic structure of the herd to respond cyclically to exogenous shocks in demand and production costs. Known demographic parameters of cattle imply sharp numerical benchmarks for the resulting dynamic system and closely compare with independent econometric time-series estimates over the 1875-1990 period. The model fits extremely well. Copyright 1994 by University of Chicago Press.

(This abstract was borrowed from another version of this item.)

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Paper provided by Chicago - Economics Research Center in its series University of Chicago - Economics Research Center with number 93-2.

as
in new window

Length: 21 pages
Date of creation: 1993
Handle: RePEc:fth:chicer:93-2
Contact details of provider: Postal:
UNIVERSITY OF CHICAGO, ECONOMICS RESEARCH CENTER, NORC, CHICAGO ILLINOIS 60637 U.S.A.

Phone: (773)834-0761
Web page: http://economics.uchicago.edu/research.shtml

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. N/A, 1982. "Chapter II. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 100(1), pages 51-64, May.
  2. Foster, Kenneth A & Burt, Oscar R, 1992. "A Dynamic Model of Investment in the U.S. Beef-Cattle Industry," Journal of Business & Economic Statistics, American Statistical Association, vol. 10(4), pages 419-426, October.
  3. anonymous, 1982. "Economic policy measures," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, pages -, july.
  4. N/A, 1982. "The Economic Situation," National Institute Economic Review, National Institute of Economic and Social Research, vol. 101(1), pages 3-8, August.
  5. Anonymous, 1982. "The Biologic and Economic Assessment of 2, 4, 5-T," Technical Bulletins 157646, United States Department of Agriculture, Economic Research Service.
  6. Bacon, Peter & Durkan, Joe & O'Leary, J. & Scott, Susan, 1982. "Quarterly Economic Commentary, February 1982," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC19821, December.
  7. anonymous, 1982. "New Zealand economic chronology 1981," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, pages -, january/f.
  8. Randal R. Rucker & Oscar R. Burt & Jeffrey T. LaFrance, 1984. "An Econometric Model of Cattle Inventories," Monash Economics Working Papers archive-25, Monash University, Department of Economics.
  9. N/A, 1982. "Intermediate Targets and Macroeconomic Policy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 61-67, February.
  10. James N. Trapp, 1986. "Investment and Disinvestment Principles with Nonconstant Prices and Varying Firm Size Applied to Beef-Breeding Herds," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 691-703.
  11. N/A, 1982. "Chapter II. the World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 102(1), pages 27-38, November.
  12. Scott, John T, 1982. "Multimarket Contact and Economic Performance," The Review of Economics and Statistics, MIT Press, vol. 64(3), pages 368-375, August.
  13. N/A, 1982. "Chapter I. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 100(1), pages 32-50, May.
  14. Bacon, Peter & Durkan, Joe & O'Leary, J. & Scott, Susan, 1982. "Quarterly Economic Commentary, August 1982," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC19823, December.
  15. Glen D. Whipple & Dale J. Menkhaus, 1989. "Supply Response in the U.S. Sheep Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 126-135.
  16. anonymous, 1982. "International economic situation and outlook," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, pages -, january/f.
  17. W. Guy Scott, 1982. "Fundamentals of managerial economics," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 3(1), pages 52-53, 03.
  18. anonymous, 1982. "International economic situation and developments," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, pages -, august.
  19. Bacon, Peter & Durkan, Joe & Scott, Susan, 1982. "Quarterly Economic Commentary, December 1982," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC19824, December.
  20. N/A, 1982. "Chapter I. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 6-28, February.
  21. anonymous, 1982. "Time and economics," Economic Review, Federal Reserve Bank of San Francisco, issue Sum, pages 4-5.
  22. Mordecai Ezekiel, 1938. "The Cobweb Theorem," The Quarterly Journal of Economics, Oxford University Press, vol. 52(2), pages 255-280.
  23. Bacon, Peter & Durkan, Joe & O'Leary, J. & Scott, Susan, 1982. "Quarterly Economic Commentary, May 1982," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC19822, December.
  24. N/A, 1982. "Chapter I. the Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 102(1), pages 6-26, November.
  25. Anonymous, 1982. "The Biologic and Economic Assessment of DBCP," Technical Bulletins 157639, United States Department of Agriculture, Economic Research Service.
  26. Terry Ward, 1982. "Mrs. Thatcher's Economic Strategy in Practice," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 4(4), pages 516-530, July.
  27. N/A, 1982. "Chapter II. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 29-50, February.
  28. Capper, Graham & Scott, Alex, 1982. "The economics of house heating: further findings," Energy Economics, Elsevier, vol. 4(2), pages 134-138, April.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:fth:chicer:93-2. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.