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  • 标题:Effect of Location Variables on Feeder Calf Basis at Oklahoma Auctions
  • 本地全文:下载
  • 作者:Shannon Mallory ; Eric A. DeVuyst ; Kellie C. Raper
  • 期刊名称:Journal of Agricultural and Resource Economics
  • 印刷版ISSN:1068-5502
  • 出版年度:2016
  • 卷号:41
  • 期号:3
  • 页码:393-405
  • 出版社:WAEA
  • 摘要:Past research has reported differences in feeder cattle prices received due to location of sale barns,but little is reported on the source of those differences.We developed a feeder calf hedonic pricingmodel that includes location-specific characteristics. Local factors may affect transaction costsfor buyers and sellers, impacting the basis. Results show that basis increased $0.64/cwt for every100,000 acres of wheat within a 100-mile radius. Basis decreased $0.07 per mile from four-laneroads. Basis decreased $1.99 per 1% of value-added volume. The impact of lot size, weight, hidecolor, frame, gender, and other phenotypic characteristics were also analyzed.
  • 关键词:feeder calf basis; hedonic price; location variables
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