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Persistent link: https://www.econbiz.de/10009397515
This article investigates the response of beef-cattle producers to changes in the price of cattle. Previous research has suggested that there may be a negative short-run supply response to a permanent increase in the price of cattle. We build a dynamic, rational expectations model that separates...
Persistent link: https://www.econbiz.de/10005291054
Persistent link: https://www.econbiz.de/10005202229
Persistent link: https://www.econbiz.de/10009392677
This article investigates the response of beef-cattle producers to changes in the price of cattle. Previous research has suggested that there may be a negative short-run supply response to a permanent increase in the price of cattle. We build a dynamic, rational expectations model that separates...
Persistent link: https://www.econbiz.de/10009401530