Equilibrium versus disequilibrium in the market for non-fed cattle
1982
Ziemer, R.F. | White, F.C.
Extract: Beef-cow inventory demand is considered in a disequilibrium model of the U.S. live non-fed cattle market. Statistical results indicated the possible presence of disequilibrium prices. However, post-model evaluation indicated that the market for non-fed cattle has not been characterized by significant disequilibrium price behavior.
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