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Please use this identifier to cite or link to this item: http://purl.umn.edu/9629

Title: Some Estimates of Supply and Inventory Response Functions for the Cattle and Sheep Sector of New South Wales
Authors: Freebairn, John W.
Issue Date: 1973-06-09
Abstract: Econometric procedures are employed in an analysis of N.S.W. cattle and sheep producers' decision-making regarding the annual supplies of beef, veal, lamb, mutton and wool, and annual changes in the inventory levels of beef cows, dairy cows, steers, adult sheep and ewes mated to British breed rams. A simultaneous equation model containing fourteen stochastic equations is specified and estimated using annual data for the period 1953-4 to 1970-1. A set of derived reduced form functions are employed in a study of some dynamic behavioural relationships in the cattle and sheep sector. The estimated model is used to analyse some effects on prices, quantities and inventory levels of the imposition of a (10 cent per kg) tax on beef exports.
URI: http://purl.umn.edu/9629
Institution/Association: Review of Marketing and Agricultural Economics>Volume 41, Numbers 02 and 03, June and September 1973
Total Pages: 38
Language: English
From Page: 53
To Page: 90
Collections:Volume 41, Number 02-03, June and September 1973

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