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dc.contributor.authorBakucs, Zoltánen_US
dc.contributor.authorMárkus, Richárden_US
dc.description.abstractDespite of the increasing production and consumption of white meats, pig breeding is still one of the most important animal husbandry sectors Worldwide and in the European Union as well. In Hungary over the past decades, the pig sector has undergone significant changes. The livestock has sharply decreased from more than 8.5 million in 1989 to 3.3 million in present. After the post 1989 increase of herd size bred in family farms, their share diminished, at present two-thirds of output is produced by corporate farms. It appears that small scale farming has major difficulties, they must consider all cost reducing alternatives to improve their competitiveness. With pressure on purchase prices from the downstream market levels, and considering that fodder represents about 50-60% within total production costs, in this paper we analyse the influence of these two factors upon pig breeding farmers' supply response. We employ Vector Error Correction Model specification, following the theoretical model of Hallam and Zanoli, 1993. Estimated long-run elasticities highlight farmers' reliance on live pigs for slaughter purchase price and soya fodder price.en_US
dc.publisher|aLeibniz-Institut für Agrarentwicklung in Mittel- und Osteuropa (IAMO) |cHalle (Saale)en_US
dc.relation.ispartofseriesIAMO Forum 2010, Halle (Saale), June 16 – 18, 2010: Institutions in Transition - Challenges for New Modes of Governanceen_US
dc.subject.keyworderror correction modelen_US
dc.subject.keywordsupply responseen_US
dc.subject.keywordpork sectoren_US
dc.titleSupply response on the Hungarian pork meat sectoren_US
dc.typeConference Paperen_US

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