PIG CARCASE PRICING MODELS: A PRELIMINARY INVESTIGATION
Garry R. Griffith and
L.R. Giles
Review of Marketing and Agricultural Economics, 1977, vol. 45, issue 04, 13
Abstract:
This paper reports on a preliminary study which aimed to determine whether a proposed pig carcase description scheme could be regarded as appropriate for the needs of market participants in the Australian pig market. Regression techniques applied to carcase measurements and cut-out data revealed that those carcase characteristics used as the basis of the description scheme significantly explained wholesale and retail carcase values. Available evidence also suggests that market participants are using this measurement information in their trading activities.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9215
DOI: 10.22004/ag.econ.9215
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