IDEAS home Printed from https://ideas.repec.org/p/ags/aaea84/278718.html
   My bibliography  Save this paper

A Dynamic Production Response Model For Growing-Finishing Swine

Author

Listed:
  • Chavas, Jean-Paul
  • Kliebenstein, James B.
  • Crenshaw, Thomas D.

Abstract

A dynamic swine model was developed which allows for continuous evaluation of production decisions based on an estimated animal growth function. Implications for optimal feeding and optimal marketing time were discussed. In particular, the economic impacts of changing market prices on replacement time and input use have illustrated the need to investigate optimal marketing time and feeding policies jointly.

Suggested Citation

  • Chavas, Jean-Paul & Kliebenstein, James B. & Crenshaw, Thomas D., 1984. "A Dynamic Production Response Model For Growing-Finishing Swine," 1984 Annual Meeting, August 5-8, Ithaca, New York 278718, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea84:278718
    DOI: 10.22004/ag.econ.278718
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/278718/files/aaea-1984-003.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.278718?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jarvis, Lovell S, 1974. "Cattle as Capital Goods and Ranchers as Portfolio Managers: An Application to the Argentine Cattle Sector," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 489-520, May/June.
    2. R. K. Perrin, 1972. "Asset Replacement Principles," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 60-67.
    3. Malinvaud, E, 1969. "First Order Certainty Equivalence," Econometrica, Econometric Society, vol. 37(4), pages 706-718, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Webber, C. A. & Graham, J. D. & MacGregor, R. J., 1988. "A Regional Analysis of Direct Government Assistance Programs in Canada and their Impacts on the Beef and Hogs Sectors," Working Papers 244071, Agriculture and Agri-Food Canada.
    2. Marc Nerlove, 1979. "The Dynamics of Supply: Retrospect and Prospect," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 874-888.
    3. Jean-Paul Chavas & Richard M. Klemme, 1986. "Aggregate Milk Supply Response and Investment Behavior on U.S. Dairy Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 55-66.
    4. Mathews, Kenneth H., Jr. & Short, Sara D., 2001. "The Beef Cow Replacement Decision," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 19(2), pages 1-21.
    5. McClelland, John W. & Wetzstein, Michael E. & Noles, Richard K., 1987. "Optimal Replacement Policies for Recyclable Assets," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270113, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Adhikari, Murali & Houston, Jack E. & Bandyopadhyay, Dipankar & Paudel, Laxmi & Devkota, Nirmala & Paudel, Biswo Nath, 2003. "Water Demand Forecasting For Poultry Production: Structural, Time Series, And Deterministic Assessment," 2003 Annual meeting, July 27-30, Montreal, Canada 22127, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Tisdell, Clement A., 1973. "Certainty Equivalence and Bias in the Management of Production," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 41(04), pages 1-13, December.
    8. Aadland, David, 2004. "Cattle cycles, heterogeneous expectations and the age distribution of capital," Journal of Economic Dynamics and Control, Elsevier, vol. 28(10), pages 1977-2002, September.
    9. Ashraf J. Zaied & Hatim M. E. Geli & Andres F. Cibils & Mohammed N. Sawalhah & Jerry L. Holechek & Charlotte C. Gard & Saleh A. Idhirij & Melakeneh G. Gedefaw & Greg L. Torell, 2021. "Beef Cattle Price and Production Patterns in Relation to Drought in New Mexico," Sustainability, MDPI, vol. 13(18), pages 1-20, September.
    10. Frewer, Geoff, 1985. "Optimal Destabilisation, Active Learning, and the Choice of Step Length in Policy Reform," Economic Research Papers 269230, University of Warwick - Department of Economics.
    11. Zhao, Zishun & Wahl, Thomas I. & Marsh, Thomas L., 2006. "Invasive Species Management: Foot-and-Mouth Disease in the U.S. Beef Industry," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(1), pages 98-115, April.
    12. Saunders, Caroline M. & Wreford, Anita, 2003. "Greenhouse gas emissions from livestock production," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 58273, Australian Agricultural and Resource Economics Society.
    13. Sayed H Saghaian & Gokhan Ozertan & Hasan Tekguc, 2013. "Beef and milk price links in Turkey," Economics Bulletin, AccessEcon, vol. 33(4), pages 2607-2616.
    14. Bradford, Garnett L., 1981. "Comment: Energy Accounting: The Case Of Farm Machinery In Maryland," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(1), pages 1-3, July.
    15. Rausser, Gordon C., 1985. "Macroeconomic environment for U.S. agricultural policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2561m38d, Department of Agricultural & Resource Economics, UC Berkeley.
    16. Ospina, Enrique & Shumway, C. Richard, 1979. "Disaggregated Analysis Of Short-Run Beef Supply Response," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(2), pages 1-18, December.
    17. Bradford, Garnett L. & Miller, Stephen E., 1998. "An Analysis Of Alternative Net Present Value Capital Investment Decision Models," Working Papers 18804, Clemson University, Department of Agricultural and Applied Economics.
    18. Jarvis, Lovell S. & Medero, Maria Del Rosario, 1988. "Domestic Beef Price Stabilization in a Beef Exporting Country: Uruguay 1961-86," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183150, International Association of Agricultural Economists.
    19. Peter R. Tozer & Thomas. L. Marsh & Evgeniy V. Perevodchikov, 2015. "Economic Welfare Impacts of Foot-and-Mouth Disease in the Canadian Beef Cattle Sector," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(2), pages 163-184, June.
    20. Lynn Hunnicutt & David Aadland, 2002. "Market Power with Dynamic Invertory Constraints: The Bias in Standard Measures," Working Papers 2002-15, Utah State University, Department of Economics.

    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:ags:aaea84:278718. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: http://www.aaea.org .

    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.