권오복 2018-11-15T08:28:48Z 2018-11-15T08:28:48Z 2001-12 JRD24-2-03 http://repository.krei.re.kr/handle/2018.oak/15939 CONTENTS I. Introduction Ⅱ. Elements of Structural Changes in Livestock Prices Ⅲ. Models for Investigating Structural Change Ⅳ. Estimation Results Ⅴ. Summary and Concluding Remarks ABSTRACT A vector autoregressive (VAR) model with grid search that allows parameters to vary with time was applied to investigate the structural break points and the speed of adjustment for Korean livestock prices. Our results suggest that VAR for Korean beef prices experienced a rather rapid structural shift in the mid 1987 while pork prices showed gradual structural break in the early 1991. Chicken prices experienced a structural change centered on late 1984. Beef, pork, and chicken prices experienced a structural change in the early 1980s. KREI STRUCTURAL CHANGES IN KOREAN LIVESTOCK PRICES STRUCTURAL CHANGES IN KOREAN LIVESTOCK PRICES KREI 논문 Kwon, Ohbok