Document Type
Article
Journal/Book Title/Conference
Economics Research Institute Study Paper
Volume
11
Publisher
Utah State University Department of Economics
Publication Date
2000
Rights
Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.
First Page
1
Last Page
67
Abstract
This paper builds a dynamic rational expectations model describing the supply of cattle. The theoretical model inlproves on existing models by allowing cow-calf operators to make period-by-period investment decisions on both the cow and calf margins, separates the markets for fed and unfed beef, and considers a rich set of exogenous shocks. The model is calibrated and used to simulate artificial data that replicates several empirical regularities associated with the cattle cycle.
Recommended Citation
Aadland, David, "The Economics of Cattle Supply" (2000). Economic Research Institute Study Papers. Paper 187.
https://digitalcommons.usu.edu/eri/187