Is There Any Link Between Cattle Milk Price and Beef Production? - Empirical Evidence from Turkey
Abstract
Purpose: This study aims to investigate the impact of cattle milk prices on beef production from 1970 through 2018 for Turkey.
Design/Methodology/Approach: The structural properties of the series and prior tests refer to that cointegration analysis should be conducted to establish the impact of cattle milk prices on beef production. In this context, the bounds testing approach is employed to analyze the long-run relationship between variables. Following the long-run cointegration relationship between variables is confirmed, the econometric model of the study is estimated by using the autoregressive distributed lag (ARDL) approach.
Keywords
References
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Details
Primary Language
English
Subjects
Agricultural Engineering, Business Administration
Journal Section
Research Article
Publication Date
June 30, 2021
Submission Date
April 5, 2021
Acceptance Date
June 25, 2021
Published in Issue
Year 2021 Volume: 27 Number: 1