The Cyclical Nature of the U.S. Sheep Industry

The cyclical nature of numbers and prices of sheep and lambs was examined from 1924 through 1993. Tests for structural change also were conducted utilizing the minimization of Akaike's information criterion (MAIC). Results indicate that cyclical length in both stock sheep numbers and lamb price...

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Bibliographic Details
Main Authors: Larry W. Van Tassell, Glen D. Whipple
Format: Article
Language:English
Published: Western Agricultural Economics Association 1994-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30761