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Abstract

This paper explores the impact of the rapid energy price increases during the 1970's on beef production and prices in Hawaii by performing two simulations‘ of a quarterly econometric model of the Hawaii beef industry. With energy prices increasing at pre-oil embargo rates, Hawaii could have produced 37 percent more grain-fed beef and 46 percent less grass-fed beef in 1980, for an increase in total beef production of 7 percent.

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