VARIABLE GROWTH IMPACTS ON OPTIMAL MARKET TIMING IN ALL-OUT PRODUCTION SYSTEMS

Jay Parsons, Dana Hoag (), W. Marshall Frasier and Stephen R. Koontz

No 36610, 2002 Annual Meeting, July 28-31, 2002, Long Beach, California from Western Agricultural Economics Association

Abstract: This paper addresses the economic impacts of growth variability on market timing decisions in an all-in, all-out production system. Marketing decisions based on the pen average are determined to be different than those based on the entire distribution of output levels. A case study data set of 350 swine provides verification of our theoretical construct.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 21
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waealb:36610

DOI: 10.22004/ag.econ.36610

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