IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v48y1966i2p209-224..html
   My bibliography  Save this article

Optimal Beef and Pork Marketings

Author

Listed:
  • George W. Ladd
  • Harvey Kuang

Abstract

A multi-equation model of the beef-and-pork sector of the economy was used to determine quarterly marketings of beef or pork that would have maximized annual gross farm income from beef and pork each year during 1950–1961. Fixing beef marketings at their actual levels, we find that pork producers could have increased their annual gross incomes an average of 45 percent if they had reduced marketings by an average of 35 percent. Fixing pork marketings at their actual levels, we find that beef producers could have increased their gross incomes an average of 25 percent by reducing marketings an average of 30 percent. Several other constrained and unconstrained maximum solutions were computed. Cross-effects were evaluated. Effects on retail prices of reductions in farm marketings and compensating variations in consumer incomes required to offset these retail-price increases were computed.

Suggested Citation

  • George W. Ladd & Harvey Kuang, 1966. "Optimal Beef and Pork Marketings," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(2), pages 209-224.
    • Handle: RePEc:oup:ajagec:v:48:y:1966:i:2:p:209-224.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1236212
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:48:y:1966:i:2:p:209-224.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.