A Cross-Spectral Analysis of Beef Prices
Hiram C. Barksdale,
Jimmy E. Hilliard and
Mikael C. Ahlund
American Journal of Agricultural Economics, 1975, vol. 57, issue 2, 309-315
Abstract:
Changes in retail beef prices lag price changes at other market levels. At the slaughter level, quantity lags prices by approximately nine months over the higher frequencies (short run), but price and quantity are out of phase over the lower frequencies (long run). Independent causality tests support the spectral interpretations.
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:57:y:1975:i:2:p:309-315.
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