Price Transparency in the Voluntary Price Reporting System for Live Cattle: Theory and Empirical Evidence

Scott William Fausti (), Matthew Diersen and Bashir Qasmi

No 35463, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: Interregional spatial linkages between South Dakota and Nebraska cash markets for slaughter cattle are investigated. Econometric procedures are used to test whether a thinning market effect or strategic price reporting behavior by packers has degraded market transparency under the voluntary price reporting system. Empirical evidence suggests transparency was not degraded.

Keywords: Demand and Price Analysis (search for similar items in EconPapers)
Date: 2005

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