NEW ZEALAND BEEF AND SHEEP SUPPLY RELATIONSHIPS

The primary purposes of this study are to measure major relationships describing the responses of different components of sheep and beef farming capital stock in New Zealand to changes in economic conditions, and to investigate the way in which this capital stock has changed over time. These objectives are pursued by attempting to specify an econometric model that recognises joint production between sheep and beef cattle and also takes account of joint firm/household decision making. Aggregate New Zealand data for the period 1952/53 to 1973/74 are fitted to the model using Full Information Maximum Likelihood estimation.


Issue Date:
1979-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22805
Published in:
Australian Journal of Agricultural Economics, Volume 23, Number 2
Page range:
102-115
Total Pages:
14




 Record created 2017-04-01, last modified 2017-08-24

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