Determinants of the Primary Supply of Cattle for Fattening in the Department of Córdoba, Colombia
Omar Enrique Castillo Núñez ()
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Omar Enrique Castillo Núñez: Universidad de Córdoba
Lecturas de Economía, 2022, issue 96, 279-314
Abstract:
Factors for the primary supply of livestock for fattening are identified in the Department of Cordoba, Colombia, during 2007-2018. For this, a linear autoregressive econometric model with distributed delays is used, which allows by a limit proof, to establish long- and short-term relationships between the variables. The empirical results show that livestock traders react to market stimulus, such as prices and production costs; they are averse to weather risk and price risk; they compete for productive resources with a crop such as corn. Similarly, the predominance of the double purpose production system and the presence of intermediary traders who carry out incomplete fattening explains a direct relationship between the cycle of final fattening and primary supply.
Keywords: agrarian economics; microeconomics; time series analysis; test bound; error correction model (search for similar items in EconPapers)
JEL-codes: B21 C22 Q11 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:lde:journl:y:2022:i:96:p:279-314
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DOI: 10.17533/udea.le.n96a343891
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