The economics of cattle supply
David Aadland ()
No 2000-11, Working Papers from Utah State University, Department of Economics
Abstract:
This paper builds a dynamic rational expectations model describing the supply of cattle. The theoretical model improves on existing models by allowing cow-calf operators to make period-by-period investment decisions on both the cow and calf margins, separates the markets for fed and unfed beef, and considers a rich set of exogenous shocks. The model is calibrated and used to simulate artificial data that replicates several empirical regularities associated with the cattle cycle.
JEL-codes: C61 Q11 Q12 (search for similar items in EconPapers)
Pages: 67 pages
New Economics Papers: this item is included in nep-agr and nep-cmp
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Citations: View citations in EconPapers (3)
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https://repec.bus.usu.edu/RePEc/usu/pdf/ERI2000-11.pdf First version, 2000 (application/pdf)
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Related works:
Working Paper: THE ECONOMICS OF CATTLE SUPPLY (2000) 
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Persistent link: https://EconPapers.repec.org/RePEc:usu:wpaper:2000-11
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