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dc.contributor.authorAndrew C. Lee-
dc.date.accessioned2018-11-15T09:39:05Z-
dc.date.available2018-11-15T09:39:05Z-
dc.date.issued2011-10-21-
dc.identifier.otherRE34-4-06-
dc.identifier.urihttp://repository.krei.re.kr/handle/2018.oak/19719-
dc.description.abstractConventional regression technique is restrictive because it assumes a specific functional form for the model and the constancy of parameters. Nonparametric method, however, is flexible and supplementary to parametric analysis. In this study, impact of captive supply on the U.S. fed cattle cash market price is investigated via nonparametric analysis. Results indicate that the price effect of captive supply does not appear until its share reaches about 20% of the total cattle procurement. Beyond this point, the U.S. fed cattle price decreases approximately $0.20/cwt ~ $0.40/cwt for each percent increase in the captive supply share.-
dc.description.abstractConventional regression technique is restrictive because it assumes a specific functional form for the model and the constancy of parameters. Nonparametric method, however, is flexible and supplementary to parametric analysis. In this study, impact of captive supply on the U.S. fed cattle cash market price is investigated via nonparametric analysis. Results indicate that the price effect of captive supply does not appear until its share reaches about 20% of the total cattle procurement. Beyond this point, the U.S. fed cattle price decreases approximately $0.20/cwt ~ $0.40/cwt for each percent increase in the captive supply share.-
dc.description.tableofcontentsI. IntroductionII. Conceptual ModelIII. Nonparametric RegressionIV. Data and EstimationV. Results and Discussion-
dc.publisher한국농촌경제연구원-
dc.titleCAPTIVE SUPPLY IMPACT ON THE U.S. FED CATTLE PRICE: AN APPLICATION OF NONPARAMETRIC ANALYSIS-
dc.title.alternativeCAPTIVE SUPPLY IMPACT ON THE U.S. FED CATTLE PRICE: AN APPLICATION OF NONPARAMETRIC ANALYSIS-
dc.typeKREI 논문-
dc.citation.endPage115-
dc.citation.startPage103-
dc.contributor.alternativeNameAndrew C. Lee-
dc.contributor.alternativeNameKim, Mankeun-
dc.identifier.bibliographicCitationpage. 103 - 115-
dc.subject.keywordcaptive supply-
dc.subject.keywordKernel regression-
dc.subject.keywordJEL Classifications: C19-
dc.subject.keywordQ13-
dc.subject.keywordcaptive supply-
dc.subject.keywordKernel regression-
dc.subject.keywordJEL Classifications: C19-
dc.subject.keywordQ13-
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학술지 논문 > 농촌경제 / JRD
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