This paper estimates demand threshold models using both first generation log-log models and second generation Tobit models to zip code areas in the Southern US. Results of own-place demographic and economic variables were consistent with previous studies but impacts of neighboring zip codes...

Interregional spatial linkages between South Dakota and Nebraska cash markets for slaughter cattle are investigated. Econometric procedures are used to test whether a thinning market effect or strategic price reporting behavior by packers has degraded market transparency under the voluntary...

The paper conducts an empirical investigation of the US meat demand system using quarterly data on per capita meat consumption and prices. SUR maximum likelihood is used to estimate a static and dynamic (error correction) linear almost ideal demand systems. Results compare static and dynamic...

The projections for feed and milk prices have changed over the last year. This study looks at how the changes affect the dairy industry. The high feed prices have been trumped by higher milk prices and the economic viability of the dairy industry has improved across the board.

The Seattle-Tacoma consumers have been paying higher prices for fresh milk than consumers in other Western states of United States. For instance, the retail price for whole milk averaged $3.27/gallon during the period of April 1999- April 2003 in Seattle-Tacoma, while it did not go beyond...

This paper is Selected for presentation at the Southern Agricultural Economics Association Annual Meeting, Atlanta, Georgia, January 31-February 3, 2009. The research is partially funded by ERS/USDA China Project and Social Science Fund of Jiangsu Province in China. The authors are grateful for...

Replaced with revised version of paper 02/11/04.

An equilibrium error-correction model is used in the analysis. With respect to the natural gas price, the estimated long-run equilibrium ammonia price elasticity is 0.79, the short-run elasticity of the ratio of price changes is 0.25, and the adjustment for the disruption from the ammonia...

The relationship between shelled pecan prices and inventories is examined drawing using Engle-Granger and Johansen approaches to cointegration. Forecasts are made using the univariate ARIMA and cointegration methods. Monthly data are used (January 1992 to December 2004). Results suggest that...