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  • 标题:ISSUES OF DEMAND SPECIFICATION AND INDUSTRY STRUCTURE IN TURKEYS AND BROILER CHICKENS
  • 本地全文:下载
  • 作者:Cheney, Laura Martin ; Brown, A. Blake ; Yamano, Takashi
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2001
  • 页码:25-34
  • 出版社:Journal of Agribusiness
  • 摘要:Factors unique to the turkey industry suggest that conclusions concerning market structure and demand specification drawn from aggregate poultry data cannot necessarily be extrapolated to the turkey industry. The Wu-Hausman endogeneity test is used to examine demand specifications and industry structure specifically for turkey meat. In contrast to general poultry, quantity-not price-is found to be predetermined in demand models that use annual turkey data. Quarterly demand analysis suggests this result stems from biological cycles that limit a producer's ability to react to price change and the use of a weighted average for determining price and quantity.
  • 关键词:demand analysis;endogeneity;market structure;poultry industry;turkeys
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