Economics, Econometrics and Finance
8 years ago

Disequilibrium Prices Uncovered in U.S. Fed Beef Market Analysis

American Journal of Agricultural Economics
Disequilibrium Market Analysis: An Application to the U.S. Fed Beef Sector
Rod F. Ziemer, Fred C. White

Paper Summary

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The study looked at beef prices in the U.S. and found that they might not always be in balance. This means that the prices of beef might not always match what they should be according to economic theories. The researchers used current methods to analyze this and found evidence that suggests there could be imbalances in the market for beef.