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  • 标题:Post Livestock Mandatory Price Reporting: An Assessment of Effects on Cattle Cash Prices
  • 本地全文:下载
  • 作者:Kim, Man-Keun ; Tejeda, Hernan A.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2014
  • 出版社:Food Distribution Research Society
  • 摘要:The objective of this paper is to identify the effect of livestock mandatory price reporting (MPR) on cattle cash prices. Using the lag augmented vector autoregression (LA-VAR) and the historical decomposition, we find that there exist a steady increase in cattle prices after MPR in 2001. Initial (2001-mid 2002) periods of lower ‘actual’ prices respond to historical record supply in markets from 1) unexpected large number of cattle on feed, 2) heavier carcass per cattle, and 3) drop in exports.
  • 关键词:Cattle price;Mandatory Price Reporting (MPR);Historical decomposition
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