Abstract

CASTILLO NUNEZ, Omar Enrique. Determinants of the Primary Supply of Cattle for Fattening in the Department of Córdoba, Colombia. Lect. Econ. [online]. 2022, n.96, pp.279-314.  Epub May 06, 2022. ISSN 0120-2596.  https://doi.org/10.17533/udea.le.n96a343891.

Factors for the primary supply of livestock for fattening are identified in the Department of Cordoba, Colombia, during 2007-2018. For this, a linear autoregressive econometric model with distributed delays is used, which allows by a limit proof, to establish long- and short-term relationships between the variables. The empirical results show that livestock traders react to market stimulus, such as prices and production costs; they are averse to weather risk and price risk; they compete for productive resources with a crop such as corn. Similarly, the predominance of the double purpose production system and the presence of intermediary traders who carry out incomplete fattening explains a direct relationship between the cycle of final fattening and primary supply.

Keywords : agrarian economics; microeconomics; time series analysis; test bound; error correction model.

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