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Tests. of Exogeneity in Bivariate Regressions: Some Empirical Results for Slaughter Cattle and Hogs

Author

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  • Bessler, David A.
  • Brandt, Jon A.

Abstract

The paper investigates exogeneity tests between hog prices and sow farrowings and between cattle prices and cattle on feed inventories. The tests, which are useful in constructing dynamic bivariate regressions, suggest that sow farrowings is empirically exogenous with respect to hog price and that cattle price is exogenous with respect to cattle on feed inventories.

Suggested Citation

  • Bessler, David A. & Brandt, Jon A., 1980. "Tests. of Exogeneity in Bivariate Regressions: Some Empirical Results for Slaughter Cattle and Hogs," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278874, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea80:278874
    DOI: 10.22004/ag.econ.278874
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    File URL: https://ageconsearch.umn.edu/record/278874/files/aaea-1980-059.pdf
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    Keywords

    Livestock Production/Industries;

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