JOINT COSTS IN MEAT RETAILING

A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted.


Issue Date:
2000-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30840
Published in:
Journal of Agricultural and Resource Economics, Volume 25, Number 1
Page range:
109-127
Total Pages:
19




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

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