CAUSALITY AMONG FED CATTLE MARKET VARIABLES: DIRECTED ACYCLIC GRAPHS ANALYSIS OF CAPTIVE SUPPLY
Andrew C. Lee and
Man-Keun Kim
No 20124, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
In quantitative research, direction of causality among the variables is often assumed without a rigorous test. In this study, the directed acyclic graph (DAG) method was used to illuminate causal relationships among fed cattle industry variables, in particular, it was shown that captive supply causes spot market price to change.
Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 21
Date: 2004
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20124
DOI: 10.22004/ag.econ.20124
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