Minfeng Tang, N. Thompson, C. Boyer, N. Widmar, T. Stewart, D. Lofgren, Nick Minton
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引用次数: 4
Abstract
Past attempts to price bull attributes have relied on static marginal valuations due to crosssectional data limitations. This analysis investigates if bull buyers’ marginal valuations of Angus bull attributes have changed over time using 17 years of bull auction data from Indiana. Results indicate statistically significant time effects on some traits (e.g., ribeye area, percent intermuscular fat, ribeye area expected progeny difference [EPD], and maternal milk EPD). Not all of these effects align with prior expectations. Nonetheless, results have important implications for the beef industry in terms of signaling quality ques and incorporating proven information in the form of EPDs.
期刊介绍：
The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.
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