Effects of Split-Demand and Slaughter-Capacity Assumptionson Optimal Locations of Cattle Feeding
Larry N. Langemeier and
Robert M. Finley
American Journal of Agricultural Economics, 1971, vol. 53, issue 2, 228-234
Abstract:
Many studies have concentrated on the optimal location of cattle feeding. Two major limitations of such studies have been (1) reliance on a single demand function for beef and (2) failure to consider existing slaughter capacities. By utilizing separated or split-demand functions for beef and explicitly accounting for present regional slaughter capacity, quite different patterns of beef feeding emerge. In comparison with actual feedlot locations, the models used showed considerable improvement over most previous models. More importantly, results compare favorably with recent trends in the location of cattle feeding.
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:53:y:1971:i:2:p:228-234.
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