CAUSALITY AMONG FED CATTLE MARKET VARIABLES: DIRECTED ACYCLIC GRAPHS ANALYSIS OF CAPTIVE SUPPLY

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.

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Year of publication:	2004
Authors:	Lee, Andrew C. ; Kim, Man-Keun
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	2004 Annual meeting, August 1-4, Denver, CO.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2004 Annual meeting, August 1-4, Denver, CO Number 20124
Source:	RePEc - Research Papers in Economics

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