Disequilibrium Market Analysis: An Application to the U.S. Fed Beef Sector
作者:
Rod F. Ziemer,
Fred C. White,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1982)
卷期:
Volume 64,
issue 1
页码: 56-62
ISSN:0002-9092
年代: 1982
DOI:10.2307/1241172
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractIn this paper current theory and estimation procedures are applied in an analysis of disequilibrium price behavior in the U.S. fed beef sector. Although tests of equilibrium versus disequilibrium hypotheses are not well developed, results indicate the possible presence of disequilibrium prices in the market for fed beef; at least the hypothesis of significant disequilibrium could not be rejected.
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