JOINT COSTS IN MEAT RETAILING

William Hahn () and Richard D. Green

Journal of Agricultural and Resource Economics, 2000, vol. 25, issue 01, 19

Abstract: A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:30840

DOI: 10.22004/ag.econ.30840

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