Joint Costs in Meat Retailing
A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Western Agricultural Economics Association
2000-07-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/30840 |
| _version_ | 1819092496237461504 |
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| author | William F. Hahn Richard D. Green |
| author_facet | William F. Hahn Richard D. Green |
| author_sort | William F. Hahn |
| collection | DOAJ |
| description | A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted. |
| first_indexed | 2024-12-21T22:56:32Z |
| format | Article |
| id | doaj.art-1b1031b783ea4789ba04a8ab20c5bf91 |
| institution | Directory Open Access Journal |
| issn | 1068-5502 2327-8285 |
| language | English |
| last_indexed | 2024-12-21T22:56:32Z |
| publishDate | 2000-07-01 |
| publisher | Western Agricultural Economics Association |
| record_format | Article |
| series | Journal of Agricultural and Resource Economics |
| spelling | doaj.art-1b1031b783ea4789ba04a8ab20c5bf912022-12-21T18:47:25ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852000-07-0125110912710.22004/ag.econ.3084030840Joint Costs in Meat RetailingWilliam F. HahnRichard D. GreenA dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted.https://ageconsearch.umn.edu/record/30840beefchickendemandjoint costsporkprice transmissionretail meat margins |
| spellingShingle | William F. Hahn Richard D. Green Joint Costs in Meat Retailing Journal of Agricultural and Resource Economics beef chicken demand joint costs pork price transmission retail meat margins |
| title | Joint Costs in Meat Retailing |
| title_full | Joint Costs in Meat Retailing |
| title_fullStr | Joint Costs in Meat Retailing |
| title_full_unstemmed | Joint Costs in Meat Retailing |
| title_short | Joint Costs in Meat Retailing |
| title_sort | joint costs in meat retailing |
| topic | beef chicken demand joint costs pork price transmission retail meat margins |
| url | https://ageconsearch.umn.edu/record/30840 |
| work_keys_str_mv | AT williamfhahn jointcostsinmeatretailing AT richarddgreen jointcostsinmeatretailing |