Assessing Accuracy of Livestock Market Reporters: Some Evidence on Pigs in Victoria
S.T. Nguyen and
Allan W. Tunstall
Review of Marketing and Agricultural Economics, 1986, vol. 54, issue 01
This paper explores the hypothesis that livestock market reporters tend to err towards the middle of the actual range when estimating carcass weight and fat depth. Trial data for pigs support the hypothesis and indicate that reporters' estimates may be significantly biased in some extreme weight and fat classes even when the average errors taken across all classes are trivial. Significant distortions in the reported premiums or discounts between some fat and weight classes are implied by the errors in estimating fat and weight.
Keywords: Land Economics/Use (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:ags:remaae:12416
Access Statistics for this article
Review of Marketing and Agricultural Economics is currently edited by April
More articles in Review of Marketing and Agricultural Economics from Australian Agricultural and Resource Economics Society
Contact information at EDIRC.
Series data maintained by AgEcon Search ().